Plan Ledger DOL Form 5500 · updated monthly

Quaintance-Weaver Management, LLC401(k)

QUAINTANCE - WEAVER MANAGEMENT, LLC 401(K) PLAN · GREENSBORO, NC · plan year 2022

Reported admin expense ratio · 2022
0.64%

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

Quaintance-Weaver Management, LLC reported $2,877 in plan administrative expenses for 2022: 0.64% of average plan assets, below the peer median. Employer contributions averaged $168 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in North Carolina (1,941st of 2,005), and 1,904th of 2,240 in accommodation & food services. In 2022, employees put in $4.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$511,582
Participants with balances47
Active participants257
Employer contributions$43,207
Employee contributions$188,708
Employer contribution per active participant$168
Average account balance$10,885
Benefits paid to participants$39,717
Plan auditUnmodified (clean) audit opinion
AuditorHUGHES PITTMAN & GUPTON, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$240
Investment management$2,637
Total administrative$2,877
The Quaintance-Weaver Management, LLC 401(k) match · 2022
Employer contribution per active participant$168
Median for plans this size$331

Quaintance-Weaver Management, LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,877 · 0.64%
All plans at this employer2
QW ESOPESOP
QUAINTANCE - WEAVER MANAGEMENT, LLC 401(K) PLAN401(k)
Same employer
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Lifes Food, LLC NC$834K · 1.81%
Em Squared, LLC NC$826K · 1.74%
Tara Hospitality Corp NC$381K · 0.75%
Charlotte Prime LLC NC$331K · 2.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562101619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.