Plan Ledger DOL Form 5500 · updated monthly

S.T. Wooten Corporation401(k)

S.T. WOOTEN CORPORATION 401(K) RETIREMENT PLAN · WILSON, NC · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

S.T. Wooten Corporation reported $226,423 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,904 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 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 273rd-largest of 2,005 plans among North Carolina employers on file, and the 789th of 5,337 in construction. In 2024, employees put in $2.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$74,416,273
Participants with balances1,109
Active participants1,034
Employer contributions$1,968,931
Employee contributions$5,181,405
Employer contribution per active participant$1,904
Average account balance$67,102
Benefits paid to participants$5,544,025
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS & INGRAM, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$74.4M · 1,109 accts · $2.0M emplr
2023$64.1M · 1,110 accts · $2.1M emplr
2022$52.6M · 1,132 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$151,423
Investment management$75,000
Total administrative$226,423
The S.T. Wooten Corporation 401(k) match · 2024
Employer contribution per active participant$1,904
Median for plans this size$3,635
2024$1,904 per active participant
2023$2,223 per active participant
2022$1,831 per active participant

S.T. Wooten Corporation'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$151,423
CAPFINANCIAL PARTNERS, LLC. · Investment advisory (plan)$75,000

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$226,423 · 0.33%
2023$173,806 · 0.30%
2022$193,312 · 0.35%
Same employer
Similar plansConstruction · North Carolina
Crowder Constructors Inc. NC$76.3M · 0.26%
Jf Acquistion, LLC NC$67.5M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560669182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.