Plan Ledger DOL Form 5500 · updated monthly

J.R. Cole Industries, Inc.401(k)

J.R. COLE INDUSTRIES, INC. 401(K) PLAN · CHARLOTTE, NC · plan year 2025

Reported admin expense ratio · 2025
0.50%

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

J.R. Cole Industries, Inc. reported $61,134 in plan administrative expenses for 2025: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,533 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 rose from 0.47% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 974th-largest of 2,005 plans among North Carolina employers on file, and 7,796th of 13,661 in manufacturing. In 2025, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,767,998
Participants with balances167
Active participants173
Employer contributions$265,249
Employee contributions$807,857
Employer contribution per active participant$1,533
Average account balance$76,455
Benefits paid to participants$1,485,742
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON SMITH AND WIKE
Plan history4
Yearassets · accounts · employer contribution
2025$12.8M · 167 accts · $265K emplr
2024$11.5M · 169 accts · $225K emplr
2023$10.2M · 168 accts · $254K emplr
2022$8.7M · 162 accts · $237K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$27,419
Investment management$33,715
Total administrative$61,134
The J.R. Cole Industries, Inc. 401(k) match · 2025
Employer contribution per active participant$1,533
Median for plans this size$2,666
2025$1,533 per active participant
2024$1,285 per active participant
2023$1,494 per active participant
2022$1,331 per active participant

J.R. Cole Industries, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$28,001
EMPOWER ADVISORY GROUP, LLC · Investment management$5,714

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

Administrative cost history4
2025$61,134 · 0.50%
2024$53,336 · 0.49%
2023$43,959 · 0.46%
2022$42,969 · 0.47%
Same employer
Similar plansManufacturing · North Carolina
Fairfield Chair Company NC$12.9M · 0.62%
C.R. Onsrud, Inc. NC$12.9M · 0.31%
Fg Group Holdings, Inc. NC$12.8M · 0.64%
Oiles America Corporation NC$12.7M · 0.51%
Klingspor Abrasives, Inc. NC$12.5M · 0.38%
Spuntech Industries, Inc. NC$12.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561444048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.