Plan Ledger DOL Form 5500 · updated monthly

P/W Central Business Office, Inc.401(k)

PIGGLY WIGGLY RETIREMENT SAVINGS PLAN · PINETOPS, NC · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

P/W Central Business Office, Inc. reported $33,628 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $647 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 0.59% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in North Carolina (1,413th of 2,005), and 3,627th of 5,215 in retail trade. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 146 to 183 since 2022.

Plan summary
Net assets, end of year$5,474,172
Participants with balances114
Active participants183
Employer contributions$118,378
Employee contributions$186,031
Employer contribution per active participant$647
Average account balance$48,019
Benefits paid to participants$145,795
Plan auditUnmodified (clean) audit opinion
AuditorANTHONY, TABB, & CREEL P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 114 accts · $118K emplr
2023$4.8M · 120 accts · $118K emplr
2022$4.3M · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,628
Total administrative$33,628
The P/W Central Business Office, Inc. 401(k) match · 2024
Employer contribution per active participant$647
Median for plans this size$1,313
2024$647 per active participant
2023$713 per active participant
2022$821 per active participant

P/W Central Business Office, 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,560
EDWARD D. JONES & CO · Investment advisory (participants)$15,501
WILSHIRE ASSOCIATES INC. · Investment advisory (participants)$1,033

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,628 · 0.66%
2023$29,544 · 0.65%
2022$28,161 · 0.59%
Same employer
Similar plansRetail Trade · North Carolina
Hunter Corporation NC$5.8M · 0.95%
Office Environments, Inc. NC$5.4M · 0.40%
Everett Chevrolet, Inc. NC$5.3M · 0.13%
Marine Chevrolet Company NC$5.3M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561767880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.