Plan Ledger DOL Form 5500 · updated monthly

Paris & Potter Management Corp.401(k)

PARIS & POTTER 401(K) PLAN · FAYETTEVILLE, NC · plan year 2022

Reported admin expense ratio · 2022
0.96%

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

Paris & Potter Management Corp. reported $17,488 in plan administrative expenses for 2022: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $332 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 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in North Carolina (1,808th of 2,005), and 1,512th of 2,240 in accommodation & food services. In 2022, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,712,658
Participants with balances44
Active participants175
Employer contributions$58,091
Employee contributions$76,705
Employer contribution per active participant$332
Average account balance$38,924
Benefits paid to participants$33,856
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,488
Total administrative$17,488
The Paris & Potter Management Corp. 401(k) match · 2022
Employer contribution per active participant$332
Median for plans this size$1,114

Paris & Potter Management Corp.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$17,488 · 0.96%
Similar plansAccommodation & Food Services · North Carolina
Triton Restaurants Inc. NC$1.5M · 1.58%
Big Bran NC$1.2M · 2.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560949817 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.