Plan Ledger DOL Form 5500 · updated monthly

Moves Managed Services Inc.401(k)

MOVES MANAGED SERVICES INC. 401(K) RETIREMENT PLAN · DAVIDSON, NC · plan year 2023

Reported admin expense ratio · 2023
1.29%

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

Moves Managed Services Inc. reported $40,412 in plan administrative expenses for 2023: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,707 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,634th of 2,005), and 10,447th of 11,654 in professional & technical services. In 2023, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,251,535
Participants with balances74
Active participants79
Employer contributions$371,825
Employee contributions$818,010
Employer contribution per active participant$4,707
Average account balance$43,940
Benefits paid to participants$390,042
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$39,753
Investment management$659
Total administrative$40,412
The Moves Managed Services Inc. 401(k) match · 2023
Employer contribution per active participant$4,707
Median for plans this size$1,308

Moves Managed Services Inc.'s 2023 employer contribution ran above the $1,308 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 · 20232
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$401
WILSHIRE ASSOCIATES INC. (USA) · Investment advisory (participants)$659

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

Administrative cost history1
2023$40,412 · 1.29%
Similar plansProfessional & Technical Services · North Carolina
Tands Inc. NC$3.4M · 0.02%
Avadim Holdings, Inc. NC$3.3M · 1.08%
B&W Fiberglass, Inc. NC$2.9M · 0.59%
Stridebio, Inc. NC$2.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824997374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.