Plan Ledger DOL Form 5500 · updated monthly

Real Magic, Inc.401(k)

REAL MAGIC, INC. 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Real Magic, Inc. reported $3,750 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,207 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 fell from 0.35% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in North Carolina (1,458th of 2,005), and 1,877th of 2,199 in information & media. In 2024, employees put in $5.22 for every $1.00 the employer contributed; active participation has grown from 138 to 224 since 2022.

Plan summary
Net assets, end of year$5,071,311
Participants with balances371
Active participants224
Employer contributions$270,315
Employee contributions$1,410,156
Employer contribution per active participant$1,207
Average account balance$13,669
Benefits paid to participants$597,032
Plan auditUnmodified (clean) audit opinion
AuditorHUGHES PITTMAN & GUPTON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 371 accts · $270K emplr
2023$3.4M · 300 accts
2022$2.1M · 235 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,750
Total administrative$3,750
The Real Magic, Inc. 401(k) match · 2024
Employer contribution per active participant$1,207
Median for plans this size$1,313

Real Magic, Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$3,750 · 0.09%
2023$1,950 · 0.07%
2022$6,796 · 0.35%
Same employer
Similar plansInformation & Media · North Carolina
Gdc America, Inc. NC$8.8M · 0.11%
Terra Dotta, LLC NC$5.6M · 0.08%
Jupiterone, Inc. NC$5.3M · 0.58%
Data Tech Systems, LLC NC$4.8M · 0.85%
Carnow NC$4.3M · 0.30%
Curtis Media Group, Inc. NC$4.3M · 0.02%
Ovuline, Inc. NC$4.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841994648 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.