Plan Ledger DOL Form 5500 · updated monthly

Relay, Inc.401(k)

RELAY, INC. 401(K) PROFIT SHARING AND TRUST. · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Relay, Inc. reported $64,092 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,296 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 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 596th-largest of 2,005 plans among North Carolina employers on file, and the 828th of 2,199 in information & media. In 2024, employees put in $2.86 for every $1.00 the employer contributed; active participation has grown from 119 to 204 since 2022.

Plan summary
Net assets, end of year$27,681,974
Participants with balances209
Active participants204
Employer contributions$672,324
Employee contributions$1,922,705
Employer contribution per active participant$3,296
Average account balance$132,450
Benefits paid to participants$807,584
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.7M · 209 accts · $672K emplr
2023$21.8M · 167 accts · $542K emplr
2022$17.1M · 145 accts · $488K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,821
Investment management$46,271
Total administrative$64,092
The Relay, Inc. 401(k) match · 2024
Employer contribution per active participant$3,296
Median for plans this size$2,416
2024$3,296 per active participant
2023$3,540 per active participant
2022$4,104 per active participant

Relay, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$46,271
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$17,821

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$64,092 · 0.26%
2023$48,394 · 0.25%
2022$46,183 · 0.25%
Same employer
Similar plansInformation & Media · North Carolina
Team Ronco Incorporated NC$31.1M · 0.22%
Eli Research, LLC NC$30.5M · 0.78%
Pace Communications, Inc. NC$30.0M · 0.29%
Ascom US, Inc. NC$25.8M · 0.40%
Telit Iot Solutions, Inc. NC$25.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473759293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.