Plan Ledger DOL Form 5500 · updated monthly

Sea Coast Realty, Inc.401(k)

SEA COAST REALTY, INC. RETIREMENT SAVINGS PLAN · WILMINGTON, NC · plan year 2022

Reported admin expense ratio · 2022
1.02%

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

Sea Coast Realty, Inc. reported $37,463 in plan administrative expenses for 2022: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $942 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in North Carolina (1,610th of 2,005), and 1,688th of 2,096 in real estate & leasing. In 2022, employees put in $3.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,496,453
Participants with balances76
Active participants117
Employer contributions$110,200
Employee contributions$361,916
Employer contribution per active participant$942
Average account balance$46,006
Benefits paid to participants$234,194
Plan auditUnmodified (clean) audit opinion
AuditorROMEO, WIGGINS & COMPANY, L.L.P.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$30,799
Investment management$2,723
Professional / advisory$3,941
Total administrative$37,463
The Sea Coast Realty, Inc. 401(k) match · 2022
Employer contribution per active participant$942
Median for plans this size$1,114

Sea Coast Realty, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$37,463 · 1.02%
Similar plansReal Estate & Leasing · North Carolina
Ce Rental, Inc. NC$4.6M · 0.82%
York Properties, Inc. NC$4.4M · 0.41%
New Forum, Inc. NC$3.7M · 1.53%
Fitch Irick Corporation NC$2.7M · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562001526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.