Plan Ledger DOL Form 5500 · updated monthly

Gregory Poole Equipment Company401(k)

GREGORY POOLE EQUIPMENT COMPANY RETIREMENT SAVINGS AND PROFIT SHARING PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Gregory Poole Equipment Company reported $219,297 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $1,991 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 2 years on file its reported administrative ratio fell from 0.16% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 138th-largest of 2,005 plans among North Carolina employers on file, and the 283rd of 4,246 in wholesale trade. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has grown from 1,260 to 1,483 since 2022.

Plan summary
Net assets, end of year$167,426,003
Participants with balances1,763
Active participants1,483
Employer contributions$2,952,433
Employee contributions$8,981,321
Employer contribution per active participant$1,991
Average account balance$94,967
Benefits paid to participants$8,842,156
Plan auditUnmodified (clean) audit opinion
AuditorROMEO, WIGGINS & COMPANY, L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$167.4M · 1,763 accts · $3.0M emplr
2023$144.7M · 1,644 accts · $2.9M emplr
2022$124.5M · 1,523 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$186,122
Investment management$25,000
Audit (IQPA)$8,175
Total administrative$219,297
The Gregory Poole Equipment Company 401(k) match · 2024
Employer contribution per active participant$1,991
Median for plans this size$3,635
2024$1,991 per active participant
2023$2,114 per active participant
2022$2,063 per active participant

Gregory Poole Equipment Company's 2024 employer contribution ran below the $3,635 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 · 20245
ONEAMERICA RETIRMENT SERVICES · Recordkeeping · Loan processing$186,122
AMERICAN UNITED LIFE INSURANCE CO · Investment advisory (plan) · Investment management$25,000
ROMEO WIGGINS & COMPANY LLP · Accounting / audit$8,175
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp
MSCS FS DIV OF BROADRIDGE BPO, LLPindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$219,297 · 0.14%
2023$219,809 · 0.16%
2022$218,903 · 0.16%
Same employer
Similar plansWholesale Trade · North Carolina
Vallen Distribution, Inc. NC$273.1M · 0.14%
Merz, Incorporated NC$237.0M · 0.07%
Ffi Holdings, III Corp NC$217.6M · 0.26%
Tecan U.S., Inc. NC$139.5M · 0.16%
Ecmd, Inc. NC$132.1M
Cook & Boardman Group, LLC NC$120.1M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560487311 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.