Plan Ledger DOL Form 5500 · updated monthly

Powerhouse Resources International, LLC401(k)

POWERHOUSE RESOURCES INTERNATIONAL, LLC. 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
1.58%

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

Powerhouse Resources International, LLC reported $44,010 in plan administrative expenses for 2024: 1.58% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,027 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 has held roughly steady near 1.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in North Carolina (1,646th of 2,005), and 1,922nd of 2,677 in transportation & warehousing. In 2024, the employer put in $5.99 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,083,031
Participants with balances289
Active participants152
Employer contributions$612,076
Employee contributions$102,205
Employer contribution per active participant$4,027
Average account balance$10,668
Benefits paid to participants$373,064
Plan auditUnmodified (clean) audit opinion
AuditorPETERS & CHANDLER, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 289 accts · $612K emplr
2023$2.5M · 242 accts · $599K emplr
2022$2.3M · 209 accts · $518K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,479
Audit (IQPA)$16,500
Trustee / custodial$2,683
Total administrative$44,010
The Powerhouse Resources International, LLC 401(k) match · 2024
Employer contribution per active participant$4,027
Median for plans this size$1,313
2024$4,027 per active participant
2023$3,240 per active participant
2022$3,140 per active participant

Powerhouse Resources International, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
BOKF, NA · Custodial (securities) · Trustee$27,509
PETERS & CHANDLER P.C. · Accounting / audit$16,500

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$44,010 · 1.58%
2023$38,128 · 1.61%
2022$33,959 · 1.53%
Similar plansTransportation & Warehousing · North Carolina
Blue Max Trucking, Inc. NC$5.2M · 0.62%
Bonded Logistics, Inc. NC$5.2M · 0.05%
L.J. Rogers, Inc. NC$3.0M · 1.05%
Murrow's Transfer, Inc. NC$2.9M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273158812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.