Plan Ledger DOL Form 5500 · updated monthly

Sequence, Inc.401(k)

SEQUENCE, INC. 401(K) PS PLAN · MORRISVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Sequence, Inc. reported $83,824 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $4,801 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 0.48% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 668th-largest of 2,005 plans among North Carolina employers on file, and the 5,018th of 11,654 in professional & technical services. In 2024, employees put in $2.71 for every $1.00 the employer contributed; active participation has shrunk from 225 to 190 since 2022.

Plan summary
Net assets, end of year$23,220,771
Participants with balances315
Active participants190
Employer contributions$912,134
Employee contributions$2,471,658
Employer contribution per active participant$4,801
Average account balance$73,717
Benefits paid to participants$1,461,586
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 315 accts · $912K emplr
2023$18.1M · 336 accts · $940K emplr
2022$14.7M · 316 accts · $810K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,670
Investment management$51,154
Total administrative$83,824
The Sequence, Inc. 401(k) match · 2024
Employer contribution per active participant$4,801
Median for plans this size$2,416
2024$4,801 per active participant
2023$3,948 per active participant
2022$3,598 per active participant

Sequence, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
CAPFINANCIAL PARTNERS, LLC. · Investment advisory (plan)$50,954
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,670

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$83,824 · 0.41%
2023$71,833 · 0.44%
2022$73,660 · 0.48%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Dmjps PLLC NC$24.1M · 0.33%
Advisor HR, Inc. NC$23.7M · 1.14%
The van Winkle Law Firm NC$22.7M · 0.36%
Orion Ics, LLC NC$21.9M · 0.27%
Tompkins Solutions, Inc. NC$21.3M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470870575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.