Sears Contract, Inc.401(k)
SEARS CONTRACT, INC. 401(K) PROFIT SHARING PLAN · RALEIGH, NC · plan year 2025
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Sears Contract, Inc. reported $32,241 in plan administrative expenses for 2025: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,549 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 fell from 0.36% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in North Carolina (1,064th of 2,005), and 2,975th of 5,337 in construction. In 2025, employees put in $1.23 for every $1.00 the employer contributed; active participation has grown from 132 to 153 since 2022.
Sears Contract, Inc.'s 2025 employer contribution ran below the $2,666 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.
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 561909919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.