Plan Ledger DOL Form 5500 · updated monthly

Fitch Creations, Inc.401(k)

FITCH CREATIONS, INC. 401(K) PROFIT SHARING PLAN · PITTSBORO, NC · plan year 2025

Reported admin expense ratio · 2025
0.34%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Fitch Creations, Inc. reported $54,181 in plan administrative expenses for 2025: 0.34% of average plan assets, above the peer median. Employer contributions averaged $904 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.37% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is the 813th-largest of 2,005 plans among North Carolina employers on file, and the 2,276th of 5,337 in construction. In 2025, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,883,528
Participants with balances106
Active participants133
Employer contributions$120,259
Employee contributions$293,605
Employer contribution per active participant$904
Average account balance$159,279
Benefits paid to participants$627,582
Plan auditUnmodified (clean) audit opinion
AuditorBALANCE & STRATEGY ADVISORS, CPAS
Plan history4
Yearassets · accounts · employer contribution
2025$16.9M · 106 accts · $120K emplr
2024$14.7M · 106 accts · $78K emplr
2023$12.9M · 108 accts · $112K emplr
2022$10.8M · 113 accts · $113K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$15,004
Investment management$38,340
Total administrative$54,181
The Fitch Creations, Inc. 401(k) match · 2025
Employer contribution per active participant$904
Median for plans this size$2,666
2025$904 per active participant
2024$608 per active participant
2023$916 per active participant
2022$911 per active participant

Fitch Creations, Inc.'s 2025 employer contribution ran below the $2,666 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
MVP PLAN ADMINISTRATORS · Contract administrator · Recordkeeping$15,004
OAK HARBOR WEALTH PARTNERS · Investment advisory (participants) · Investment advisory (plan)$38,340

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025MVP PLAN ADMINISTRATORS
2024MVP PLAN ADMINISTRATORS
2023MVP PLAN ADMINISTRATORS

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Administrative cost history4
2025$54,181 · 0.34%
2024$51,853 · 0.37%
2023$45,791 · 0.39%
2022$45,416 · 0.37%
Same employer
Similar plansConstruction · North Carolina
Shelco, LLC NC$18.1M · 0.40%
Industrial Air, Inc. NC$17.4M · 0.29%
Environamics, Inc. NC$17.2M · 0.11%
Hoopaugh Grading Co., LLC NC$16.6M · 0.06%
Salem Electric Company, Inc NC$15.5M · 0.45%
Alaris Homes, Inc. NC$14.3M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560733041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.