Plan Ledger DOL Form 5500 · updated monthly

Servicetrade, Inc.401(k)

SERVICETRADE, INC. 401(K) PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Servicetrade, Inc. reported $5,040 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,767 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 0.19% to 0.07%. 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 (1,202nd of 2,005), and 8,448th of 11,654 in professional & technical services. In 2024, employees put in $3.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,634,161
Participants with balances239
Active participants199
Employer contributions$550,567
Employee contributions$1,717,340
Employer contribution per active participant$2,767
Average account balance$36,126
Benefits paid to participants$867,064
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 239 accts · $551K emplr
2023$5.6M · 213 accts · $345K emplr
2022$2.8M · 211 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,902
Investment management$1,163
Total administrative$5,040
The Servicetrade, Inc. 401(k) match · 2024
Employer contribution per active participant$2,767
Median for plans this size$1,313
2024$2,767 per active participant
2023$1,916 per active participant
2022$1,540 per active participant

Servicetrade, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$1,163
ENVESTNET RETIREMENT SOLUTIONS, LLC$975

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$5,040 · 0.07%
2023$2,641 · 0.06%
2022$4,265 · 0.19%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Netsertive, Inc. NC$9.1M · 0.45%
Mycomputercareer, Inc NC$8.8M · 0.85%
Onecbi, LLC dba Cbi NC$8.7M · 0.79%
Well Dot Inc. NC$8.4M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383893352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.