Plan Ledger DOL Form 5500 · updated monthly

Scentair Technologies, Inc.401(k)

SCENTAIR RETIREMENT SAVINGS PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Scentair Technologies, Inc. reported $121,041 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,459 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 0.85% to 0.91%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 907th-largest of 2,005 plans among North Carolina employers on file, and 7,283rd of 13,661 in manufacturing. In 2024, employees put in $2.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,326,054
Participants with balances492
Active participants298
Employer contributions$434,912
Employee contributions$1,162,012
Employer contribution per active participant$1,459
Average account balance$29,118
Benefits paid to participants$1,390,491
Plan auditUnmodified (clean) audit opinion
AuditorPARSONS CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 492 accts · $435K emplr
2023$12.2M · 493 accts · $422K emplr
2022$9.9M · 500 accts · $420K emplr
The Scentair Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,459
Median for plans this size$2,416
2024$1,459 per active participant
2023$1,432 per active participant
2022$1,356 per active participant

Scentair Technologies, Inc.'s 2024 employer contribution ran below 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 · 20244
JONES GREGG FINANCIAL LLC · Investment advisory (plan)$52,350
EMPOWER$45,507
EMPOWER ADVISORY GROUP, LLC · Investment management$12,932
PENTEGRA SERVICES, INC. 133745616 · Contract administrator$10,004

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$121,041 · 0.91%
2023$98,616 · 0.89%
2022$90,877 · 0.85%
Same employer
Similar plansManufacturing · North Carolina
Box-Board Products, Inc. NC$14.8M · 0.48%
Avgol America, Inc. NC$14.7M · 0.50%
Schunk Intec Inc. NC$14.7M · 0.01%
Abco Automation, Inc. NC$14.3M · 0.07%
Chiron America, Inc. NC$14.0M · 0.42%
Cold Spring Brewing Company NC$13.9M · 0.37%
Liquidia Technologies, Inc. NC$13.8M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 943358167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.