Plan Ledger DOL Form 5500 · updated monthly

Foster Caviness Company, Inc.401(k)

FOSTER CAVINESS COMPANY 401(K) PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
1.60%

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

Foster Caviness Company, Inc. reported $30,312 in plan administrative expenses for 2024: 1.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $159 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 has held roughly steady near 1.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in North Carolina (1,763rd of 2,005), and 4,020th of 4,246 in wholesale trade. In 2024, employees put in $12.81 for every $1.00 the employer contributed; active participation has grown from 141 to 188 since 2022.

Plan summary
Net assets, end of year$2,133,530
Participants with balances382
Active participants188
Employer contributions$29,943
Employee contributions$383,520
Employer contribution per active participant$159
Average account balance$5,585
Benefits paid to participants$137,893
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY, L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 382 accts · $30K emplr
2023$1.6M · 279 accts · $23K emplr
2022$753K · 210 accts · $17K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,187
Total administrative$30,312
The Foster Caviness Company, Inc. 401(k) match · 2024
Employer contribution per active participant$159
Median for plans this size$1,313
2024$159 per active participant
2023$144 per active participant
2022$124 per active participant

Foster Caviness Company, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$9,125
MAXUS PLAN SOLUTIONS INC · Contract administrator$6,625
EMPOWER ADVISORY GROUP, LLC · Investment management$246

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

Administrative cost history3
2024$30,312 · 1.60%
2023$19,023 · 1.59%
2022$12,268 · 1.64%
Same employer
Similar plansWholesale Trade · North Carolina
Dma Holdings, Inc. NC$3.6M · 0.31%
S.V. International Corp. NC$2.2M · 0.05%
The Flowers Company, Inc. NC$1.9M · 0.06%
Ddp Pharmacy, Inc. NC$1.3M · 2.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 560507149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.