Plan Ledger DOL Form 5500 · updated monthly

Infrastripe, LLC401(k)

INFRASTRIPE, LLC 401(K) PROFIT SHARING PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Infrastripe, LLC reported $4,862 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,309 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 0.27% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in North Carolina (1,206th of 2,005), and 3,317th of 5,337 in construction. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 293 to 350 since 2022.

Plan summary
Net assets, end of year$8,527,404
Participants with balances252
Active participants350
Employer contributions$457,997
Employee contributions$844,017
Employer contribution per active participant$1,309
Average account balance$33,839
Benefits paid to participants$2,371,688
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 252 accts · $458K emplr
2023$8.5M · 267 accts · $429K emplr
2022$4.8M · 189 accts · $333K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,862
Total administrative$4,862
The Infrastripe, LLC 401(k) match · 2024
Employer contribution per active participant$1,309
Median for plans this size$1,313
2024$1,309 per active participant
2023$813 per active participant
2022$1,138 per active participant

Infrastripe, LLC's 2024 employer contribution ran below the $1,313 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
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$4,862

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

Administrative cost history3
2024$4,862 · 0.06%
2023$8,272 · 0.12%
2022$11,465 · 0.27%
Same employer
Similar plansConstruction · North Carolina
Smith-Rowe LLC NC$9.4M · 0.56%
Guy M. Turner, Inc. NC$8.7M · 0.04%
National Power, LLC NC$8.0M · 0.54%
Blue Dot Readi-Mix, LLC NC$8.0M · 0.07%
Omega Construction, Inc. NC$7.9M · 0.74%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 831747096 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.