Headway Workforce Solutions, Inc.401(k)
HEADWAY WORKFORCE SOLUTIONS, INC. SALARY SAVINGS PLAN · RALEIGH, NC · plan year 2022
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Headway Workforce Solutions, Inc. reported $77,008 in plan administrative expenses for 2022: 0.45% of average plan assets, higher than ~75% of peers. 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.
Across the 1 year on file its reported administrative ratio rose from 0.45% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other administrative & support services employers. By assets it is the 865th-largest of 2,005 plans among North Carolina employers on file, and the 751st of 2,534 in administrative & support services. In 2022, employees put in $1343.76 for every $1.00 the employer contributed.
Headway Workforce Solutions, Inc.'s 2022 employer contribution ran below the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 752134871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.