Plan Ledger DOL Form 5500 · updated monthly

Pharpoint Research, Inc.401(k)

PHARPOINT RESEARCH INC. 401(K) PLAN · DURHAM, NC · plan year 2025

Reported admin expense ratio · 2025
0.79%

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

Pharpoint Research, Inc. reported $88,372 in plan administrative expenses for 2025: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,504 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 3 years on file its reported administrative ratio fell from 0.93% to 0.79%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 994th-largest of 2,005 plans among North Carolina employers on file, and 7,291st of 11,654 in professional & technical services. In 2025, employees put in $4.05 for every $1.00 the employer contributed; active participation has shrunk from 145 to 110 since 2022.

Plan summary
Net assets, end of year$12,333,235
Participants with balances125
Active participants110
Employer contributions$275,433
Employee contributions$1,116,864
Employer contribution per active participant$2,504
Average account balance$98,666
Benefits paid to participants$780,564
Plan auditUnmodified (clean) audit opinion
AuditorCARON AND BLETZER LLC
Plan history4
Yearassets · accounts · employer contribution
2025$12.3M · 125 accts · $275K emplr
2024$10.1M · 125 accts · $300K emplr
2023$7.6M · 124 accts · $265K emplr
2022$5.5M · 117 accts · $234K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$21,539
Investment management$33,606
Audit (IQPA)$7,250
Total administrative$88,372
The Pharpoint Research, Inc. 401(k) match · 2025
Employer contribution per active participant$2,504
Median for plans this size$2,666
2025$2,504 per active participant
2024$2,025 per active participant
2023$1,794 per active participant
2022$1,611 per active participant

Pharpoint Research, Inc.'s 2025 employer contribution ran below the $2,666 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$27,530
PHARPOINT RESEARCH INC$13,800
CARON & BLETZER, PLLC · Accounting / audit$7,250
EMPOWER ADVISORY GROUP, LLC · Investment management$6,076

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

Administrative cost history4
2025$88,372 · 0.79%
2024$56,759 · 0.64%
2023$37,076 · 0.56%
2022$52,205 · 0.93%
Same employer
Similar plansProfessional & Technical Services · North Carolina
The Logistics Company, Inc. NC$12.6M · 0.79%
Metametrics, Inc. NC$12.6M · 0.50%
Cline Design Associates PA NC$12.5M · 0.58%
Bowe Systec North America NC$12.5M · 0.61%
Mpay Inc. NC$12.3M · 0.13%
Definitive Media Corp. dba NC$11.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204082716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.