Plan Ledger DOL Form 5500 · updated monthly

S&Me, Inc.401(k)

S&ME, INC. 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

S&Me, Inc. reported $160,039 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $1,537 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 0.13% to 0.14%. 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 174th-largest of 2,005 plans among North Carolina employers on file, and the 1,298th of 11,654 in professional & technical services. In 2024, employees put in $4.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$117,929,045
Participants with balances1,495
Active participants1,041
Employer contributions$1,600,170
Employee contributions$6,779,675
Employer contribution per active participant$1,537
Average account balance$78,882
Benefits paid to participants$15,093,412
Plan auditUnmodified (clean) audit opinion
AuditorBATCHELOR, TILLERY & ROBERTS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$117.9M · 1,495 accts · $1.6M emplr
2023$107.4M · 1,568 accts · $1.5M emplr
2022$95.5M · 1,636 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$160,039
Total administrative$160,039
The S&Me, Inc. 401(k) match · 2024
Employer contribution per active participant$1,537
Median for plans this size$3,635
2024$1,537 per active participant
2023$1,413 per active participant
2022$1,398 per active participant

S&Me, 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$160,039
RPA FINANCIAL, LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$160,039 · 0.14%
2023$143,300 · 0.14%
2022$135,404 · 0.13%
All plans at this employer2
S&ME, INC. 401(K) PLAN401(k)
S&ME, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansProfessional & Technical Services · North Carolina
Avidxchange, Inc. NC$120.5M · 0.24%
Ward and Smith, P.A. NC$119.5M · 0.12%
Kbi Biopharma, Inc. NC$112.2M · 0.20%
Ncino, Inc. NC$110.3M · 0.01%
Channeladvisor Corporation NC$109.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560791580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.