Plan Ledger DOL Form 5500 · updated monthly

Harper Corporation of America401(k)

HARPER CORPORATION OF AMERICA 401(K) PROFIT SHARING PLAN & TRUST · CHARLOTTE, NC · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Harper Corporation of America reported $15,882 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,452nd of 2,005), and 11,139th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$5,114,914
Participants with balances69
Active participants72
Employer contributions$0
Employee contributions$175,377
Employer contribution per active participant$0
Average account balance$74,129
Benefits paid to participants$1,233,040
Plan auditUnmodified (clean) audit opinion
AuditorSHARPE PATEL PLLC
The Harper Corporation of America 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Harper Corporation of America's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,882 · 0.26%
Similar plansManufacturing · North Carolina
Zapi Inc. NC$5.3M · 0.66%
Vinventions USA, LLC. NC$5.3M · 0.11%
3FISH, Inc. NC$5.2M · 0.78%
Sturdy Corporation NC$5.2M · 0.39%
Gem Asset Acquisition LLC NC$5.1M · 0.07%
Mas US Holdings Inc NC$4.9M · 0.61%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 560996196 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.