Plan Ledger DOL Form 5500 · updated monthly

Poyner Spruill LLP401(k)

POYNER SPRUILL LLP SAVINGS AND RETIREMENT PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Poyner Spruill LLP reported $115,123 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $5,214 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 0.168%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 285th-largest of 2,005 plans among North Carolina employers on file, and the 2,025th of 11,654 in professional & technical services. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,752,691
Participants with balances232
Active participants171
Employer contributions$891,590
Employee contributions$1,757,607
Employer contribution per active participant$5,214
Average account balance$309,279
Benefits paid to participants$6,424,662
Plan auditUnmodified (clean) audit opinion
AuditorELLIOTT GROUP, CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$71.8M · 232 accts · $892K emplr
2023$65.3M · 223 accts · $817K emplr
2022$59.3M · 223 accts · $761K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,358
Investment management$68,765
Total administrative$115,123
The Poyner Spruill LLP 401(k) match · 2024
Employer contribution per active participant$5,214
Median for plans this size$3,635
2024$5,214 per active participant
2023$4,753 per active participant
2022$4,529 per active participant

Poyner Spruill LLP's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
SCHWAB RETIREMENT PLAN SERVICES, IN · Recordkeeping$46,358
MORGAN STANLEY CAPITAL MANAGE · Investment management$34,891
COOK STREET CONSULTING, INC · Investment management$33,875

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$115,123 · 0.17%
2023$109,689 · 0.18%
2022$109,116 · 0.17%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Transportation Insight, LLC NC$76.8M · 0.10%
Rho, Inc. NC$75.3M · 0.20%
Fmi Corporation NC$67.1M · 0.17%
Cranfill Sumner LLP NC$64.0M · 0.14%
Drake Software NC$60.9M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561493995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.