Plan Ledger DOL Form 5500 · updated monthly

Fleet Feet, Incorporated401(k)

FLEET FEET INC 401(K) PLAN · CARRBORO, NC · plan year 2025

Reported admin expense ratio · 2025
0.60%

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

Fleet Feet, Incorporated reported $74,269 in plan administrative expenses for 2025: 0.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $804 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 0.67% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other retail trade employers. By assets it is the 913th-largest of 2,005 plans among North Carolina employers on file, and the 1,992nd of 5,215 in retail trade. In 2025, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,204,900
Participants with balances1,153
Active participants1,230
Employer contributions$988,478
Employee contributions$1,719,253
Employer contribution per active participant$804
Average account balance$12,320
Benefits paid to participants$1,416,989
Plan auditDisclaimer of opinion
Plan history4
Yearassets · accounts · employer contribution
2025$14.2M · 1,153 accts · $988K emplr
2024$10.6M · 1,377 accts · $1.0M emplr
2023$7.2M · 1,187 accts · $946K emplr
2022$4.6M · 1,074 accts · $895K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$38,078
Investment management$36,191
Total administrative$74,269
The Fleet Feet, Incorporated 401(k) match · 2025
Employer contribution per active participant$804
Median for plans this size$2,666
2025$804 per active participant
2024$874 per active participant
2023$848 per active participant
2022$788 per active participant

Fleet Feet, Incorporated'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
THE VANGUARD GROUP, INC. · Recordkeeping$38,077
MMA SECURITIES, LLC · Investment advisory (plan)$36,191

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

Recordkeeper by year3
2025Vanguard
2024Vanguard
2023Vanguard

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Administrative cost history4
2025$74,269 · 0.60%
2024$60,817 · 0.68%
2023$99,617 · 1.69%
2022$24,983 · 0.67%
Similar plansRetail Trade · North Carolina
Transource, Inc. NC$15.2M · 0.00%
Aeroflow Healthcare, Inc. NC$14.6M · 0.77%
Sherrill, Inc. NC$14.0M · 0.64%
C.R.T.S., Inc. NC$14.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020656285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.