Plan Ledger DOL Form 5500 · updated monthly

Netsertive, Inc.401(k)

NETSERTIVE, INC. 401(K) PLAN · MORRISVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Netsertive, Inc. reported $39,344 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $16 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 0.38% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,170th of 2,005), and 8,299th of 11,654 in professional & technical services. In 2024, employees put in $529.16 for every $1.00 the employer contributed; active participation has shrunk from 62 to 46 since 2022.

Plan summary
Net assets, end of year$9,085,126
Participants with balances135
Active participants46
Employer contributions$729
Employee contributions$385,761
Employer contribution per active participant$16
Average account balance$67,297
Benefits paid to participants$797,691
Plan auditUnmodified (clean) audit opinion
AuditorROMEO, WIGGINS, & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 135 accts · $729 emplr
2023$8.3M · 148 accts · $96K emplr
2022$7.3M · 166 accts · $160K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,796
Investment management$1,598
Audit (IQPA)$8,950
Total administrative$39,344
The Netsertive, Inc. 401(k) match · 2024
Employer contribution per active participant$16
Median for plans this size$1,313
2024$16 per active participant
2023$2,190 per active participant
2022$2,574 per active participant

Netsertive, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,796
ROMEO, WIGGINS & COMPANY, LLP · Accounting / audit$8,950

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$39,344 · 0.45%
2023$26,406 · 0.34%
2022$30,303 · 0.38%
Similar plansProfessional & Technical Services · North Carolina
Bridgetower Opco LLC NC$9.1M · 0.98%
Mycomputercareer, Inc NC$8.8M · 0.85%
Onecbi, LLC dba Cbi NC$8.7M · 0.79%
Servicetrade, Inc. NC$8.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273004203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.