Plan Ledger DOL Form 5500 · updated monthly

Sanstone Management Company, LLC401(k)

SANSTONE MANAGEMENT COMPANY 401(K) PLAN · ARDEN, NC · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Sanstone Management Company, LLC reported $35,186 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $332 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 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,208th of 2,005), and 8,498th of 11,654 in professional & technical services. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 1,735 to 1,926 since 2022.

Plan summary
Net assets, end of year$8,501,829
Participants with balances319
Active participants1,926
Employer contributions$638,525
Employee contributions$1,004,022
Employer contribution per active participant$332
Average account balance$26,652
Benefits paid to participants$749,607
Plan auditUnmodified (clean) audit opinion
AuditorBLACKBURN, CHILDERS & STEGALL, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 319 accts · $639K emplr
2023$6.6M · 319 accts · $539K emplr
2022$5.0M · 294 accts · $512K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,186
Total administrative$35,186
The Sanstone Management Company, LLC 401(k) match · 2024
Employer contribution per active participant$332
Median for plans this size$1,313
2024$332 per active participant
2023$279 per active participant
2022$295 per active participant

Sanstone Management Company, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$35,186

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$35,186 · 0.46%
2023$29,420 · 0.51%
2022$23,762 · 0.48%
Similar plansProfessional & Technical Services · North Carolina
Mycomputercareer, Inc NC$8.8M · 0.85%
Onecbi, LLC dba Cbi NC$8.7M · 0.79%
Servicetrade, Inc. NC$8.6M · 0.07%
Well Dot Inc. NC$8.4M · 0.30%
Pisgah Legal Services NC$8.0M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851120070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.