Plan Ledger DOL Form 5500 · updated monthly

Itg Cigars, Inc.401(k)

ITG HOLDINGS USA, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN - DUAL QUALIFIED · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Itg Cigars, Inc. reported $57,919 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $799 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 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 592nd-largest of 2,005 plans among North Carolina employers on file, and the 4,754th of 13,661 in manufacturing. In 2024, employees put in $1.10 for every $1.00 the employer contributed; active participation has grown from 418 to 546 since 2022.

Plan summary
Net assets, end of year$27,886,521
Participants with balances572
Active participants546
Employer contributions$436,277
Employee contributions$479,230
Employer contribution per active participant$799
Average account balance$48,753
Benefits paid to participants$3,134,448
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.9M · 572 accts · $436K emplr
2023$27.2M · 600 accts · $462K emplr
2022$24.0M · 624 accts · $423K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,334
Investment management$680
Total administrative$57,919
The Itg Cigars, Inc. 401(k) match · 2024
Employer contribution per active participant$799
Median for plans this size$2,416
2024$799 per active participant
2023$1,180 per active participant
2022$1,012 per active participant

Itg Cigars, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$52,673

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$57,919 · 0.21%
2023$54,204 · 0.21%
2022$61,628 · 0.22%
Similar plansManufacturing · North Carolina
Wilbert, Inc. NC$29.3M · 0.11%
Avl Technologies NC$29.1M · 0.22%
Bestco, LLC NC$28.5M · 0.26%
Sontara Old Hickory Inc. NC$28.4M · 0.05%
J.C. Steele and Sons, Inc. NC$27.6M · 0.24%
Surteco USA Inc. NC$27.6M · 0.39%
Hyde Park Partners, Inc. NC$27.6M · 0.17%
Forbo Siegling, LLC NC$27.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593472656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.