Plan Ledger DOL Form 5500 · updated monthly

Set and Service Resources, LLC401(k)

SET AND SERVICE RESOURCES 401(K) PLAN · CARY, NC · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Set and Service Resources, LLC reported $477 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $403 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 professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,721st of 2,005), and 10,710th of 11,654 in professional & technical services. In 2022, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,497,648
Participants with balances346
Active participants738
Employer contributions$297,390
Employee contributions$374,402
Employer contribution per active participant$403
Average account balance$7,219
Benefits paid to participants$125,427
Plan auditUnmodified (clean) audit opinion
AuditorDEANDORTON
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $232K emplr
2022$2.5M · 346 accts · $297K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$477
Total administrative$477
The Set and Service Resources, LLC 401(k) match · 2022
Employer contribution per active participant$403
Median for plans this size$1,114

Set and Service Resources, LLC's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$477 · 0.02%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Stridebio, Inc. NC$2.8M · 0.21%
Second Nature NC$2.5M · 1.43%
Geo Owl LLC NC$2.3M
Oyster HR Inc. NC$2.0M · 1.86%
Xdin, Inc. NC$2.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263902287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.