Plan Ledger DOL Form 5500 · updated monthly

Hurricanes Holdings, LLC401(k)

HURRICANES HOLDINGS, LLC 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Hurricanes Holdings, LLC reported $6,605 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,226 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 0.035%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 731st-largest of 2,005 plans among North Carolina employers on file, and the 427th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 206 to 260 since 2022.

Plan summary
Net assets, end of year$20,201,579
Participants with balances205
Active participants260
Employer contributions$578,667
Employee contributions$1,034,135
Employer contribution per active participant$2,226
Average account balance$98,544
Benefits paid to participants$720,767
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 205 accts · $579K emplr
2023$17.2M · 197 accts · $543K emplr
2022$14.4M · 189 accts · $437K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,605
Total administrative$6,605
The Hurricanes Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$2,226
Median for plans this size$2,416
2024$2,226 per active participant
2023$2,321 per active participant
2022$2,123 per active participant

Hurricanes Holdings, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$71,538

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$6,605 · 0.04%
2023$5,461 · 0.03%
2022$5,590 · 0.04%
Similar plansArts, Entertainment & Recreation · North Carolina
Panthers Football, LLC NC$60.1M · 0.01%
Stewart-Haas Racing, LLC NC$33.9M · 0.14%
Pinehurst, LLC NC$24.0M · 0.43%
Hornets Basketball, LLC NC$23.7M · 0.42%
Dej Holdings, LLC NC$15.4M · 0.34%
McConnell Golf, LLC NC$13.9M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522066638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.