Plan Ledger DOL Form 5500 · updated monthly

R. H. Barringer Distributing Co., Inc.401(k)

R.H BARRINGER DISTRIBUTING COMPANY INC. EMPLOYEES RETIREMENT SAVINGS PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

R. H. Barringer Distributing Co., Inc. reported $20,468 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $920 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 0.02% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 321st-largest of 2,005 plans among North Carolina employers on file, and the 674th of 4,246 in wholesale trade. In 2024, employees put in $3.15 for every $1.00 the employer contributed; active participation has grown from 682 to 898 since 2022.

Plan summary
Net assets, end of year$61,281,938
Participants with balances976
Active participants898
Employer contributions$825,750
Employee contributions$2,604,196
Employer contribution per active participant$920
Average account balance$62,789
Benefits paid to participants$4,209,629
Plan auditUnmodified (clean) audit opinion
AuditorDMJPS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$61.3M · 976 accts · $826K emplr
2023$53.3M · 823 accts · $966K emplr
2022$44.9M · 770 accts · $829K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,390
Investment management$7,078
Total administrative$20,468
The R. H. Barringer Distributing Co., Inc. 401(k) match · 2024
Employer contribution per active participant$920
Median for plans this size$3,635
2024$920 per active participant
2023$1,398 per active participant
2022$1,215 per active participant

R. H. Barringer Distributing Co., Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,390
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,078

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$20,468 · 0.04%
2023$14,514 · 0.03%
2022$11,977 · 0.02%
Same employer
Similar plansWholesale Trade · North Carolina
Quality Oil Company, LLC NC$70.3M · 0.28%
Guerbet America LLC NC$65.9M · 0.05%
Jteam Inc NC$62.6M
Piedmont Plastics, Inc. NC$60.0M · 0.28%
Polymershapes LLC NC$59.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560711649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.