Plan Ledger DOL Form 5500 · updated monthly

Orion Ics, LLC401(k)

ORION ICS, LLC PROFIT SHARING PLAN · CARY, NC · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Orion Ics, LLC reported $58,411 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $0 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 fell from 0.29% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 693rd-largest of 2,005 plans among North Carolina employers on file, and the 5,220th of 11,654 in professional & technical services. active participation has shrunk from 383 to 163 since 2022.

Plan summary
Net assets, end of year$21,920,101
Participants with balances256
Active participants163
Employer contributions$0
Employee contributions$935,023
Employer contribution per active participant$0
Average account balance$85,625
Benefits paid to participants$2,579,173
Plan auditUnmodified (clean) audit opinion
AuditorLONG CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 256 accts
2023$20.7M · 344 accts · $470K emplr
2022$18.7M · 304 accts · $531K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,582
Investment management$38,829
Total administrative$58,411
The Orion Ics, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$1,888 per active participant
2022$1,387 per active participant

Orion Ics, LLC'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 · 20243
CHARTER WEALTH MANAGEMENT INC · Investment advisory (plan)$20,000
EMPOWER ADVISORY GROUP, LLC · Investment management$18,829

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$58,411 · 0.27%
2023$55,494 · 0.28%
2022$58,414 · 0.29%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Advisor HR, Inc. NC$23.7M · 1.14%
Sequence, Inc. NC$23.2M · 0.41%
The van Winkle Law Firm NC$22.7M · 0.36%
Tompkins Solutions, Inc. NC$21.3M · 0.50%
Ems Linq Inc NC$20.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260307960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.