Plan Ledger DOL Form 5500 · updated monthly

Indicor LLC401(k)

INDICOR RETIREMENT SAVINGS PLAN 103 · CHARLOTTE, NC · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Indicor LLC reported $78,535 in plan administrative expenses for 2023: 0.09% of average plan assets, below the peer median. Employer contributions averaged $7,123 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 rose from 0.00% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other management of companies employers. By assets it is the 137th-largest of 2,005 plans among North Carolina employers on file, and the 166th of 786 in management of companies. In 2023, employees put in $1.25 for every $1.00 the employer contributed; active participation has grown from 849 to 951 since 2022.

Plan summary
Net assets, end of year$167,583,731
Participants with balances992
Active participants951
Employer contributions$6,773,751
Employee contributions$8,436,265
Employer contribution per active participant$7,123
Average account balance$168,935
Benefits paid to participants$5,743,253
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$140.7M · 953 accts · $6.3M emplr
2023$167.6M · 992 accts · $6.8M emplr
2022$1.2M · 822 accts · $575K emplr
The Indicor LLC 401(k) match · 2023
Employer contribution per active participant$7,123
Median for plans this size$3,659
2024$6,836 per active participant
2023$7,123 per active participant
2022$678 per active participant

Indicor LLC's 2023 employer contribution ran above the $3,659 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$82,635

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$94,155 · 0.06%
2023$78,535 · 0.09%
2022$50 · 0.00%
All plans at this employer2
INDICOR RETIREMENT SAVINGS PLAN 103401(k)
INDICOR RETIREMENT SAVINGS PLAN 104401(k)
Same employer
Similar plansManagement of Companies · North Carolina
Iqvia Inc. NC$3.6B · 0.05%
Ralliant Corporation NC$754.6M · 0.05%
Mercalis Inc NC$69.2M · 0.34%
Reged, Inc. NC$37.3M · 0.19%
Murphy Family Ventures, LLC NC$32.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421445752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.