Plan Ledger DOL Form 5500 · updated monthly

Peak Resources, Inc.401(k)

PEAK RESOURCES, INC. 401(K) PLAN · CARY, NC · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Peak Resources, Inc. reported $14,448 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,105 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 0.11% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,053rd of 2,005), and the 5,426th of 11,911 in health care & social assistance. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,011,955
Participants with balances280
Active participants482
Employer contributions$532,542
Employee contributions$814,611
Employer contribution per active participant$1,105
Average account balance$39,328
Benefits paid to participants$1,213,335
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 280 accts · $533K emplr
2023$9.6M · 290 accts · $517K emplr
2022$8.5M · 290 accts · $453K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,448
Total administrative$14,448
The Peak Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$1,105
Median for plans this size$2,416
2024$1,105 per active participant
2023$1,033 per active participant
2022$974 per active participant

Peak Resources, Inc.'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 · 20242
QRPS, INC. · Contract administrator$11,512
CAPITAL GROUP RETIREMENT PLAN SERVI$6,535

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$14,448 · 0.14%
2023$12,629 · 0.14%
2022$8,860 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina

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Source: U.S. Department of Labor, Form 5500 series, EIN 550840723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.