Plan Ledger DOL Form 5500 · updated monthly

Mercurygate International, Inc.401(k)

MERCURYGATE INTERNATIONAL, INC. 401(K) PLAN · CARY, NC · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Mercurygate International, Inc. reported $18,423 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,513 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 0.04% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 453rd-largest of 2,005 plans among North Carolina employers on file, and the 638th of 2,199 in information & media. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,503,482
Participants with balances356
Active participants257
Employer contributions$2,444,944
Employee contributions$3,418,458
Employer contribution per active participant$9,513
Average account balance$110,965
Benefits paid to participants$3,796,730
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$39.5M · 356 accts · $2.4M emplr
2023$32.0M · 378 accts · $1.0M emplr
2022$23.7M · 375 accts · $770K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,073
Investment management$15,350
Total administrative$18,423
The Mercurygate International, Inc. 401(k) match · 2024
Employer contribution per active participant$9,513
Median for plans this size$2,416
2024$9,513 per active participant
2023$3,716 per active participant
2022$2,974 per active participant

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

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$15,350
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,073

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

Administrative cost history4
2025Not separately reported
2024$18,423 · 0.05%
2023$15,933 · 0.06%
2022$9,810 · 0.04%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 582587757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.