Plan Ledger DOL Form 5500 · updated monthly

Siteworx Holdings, LLC401(k)

SHIFT7 DIGITAL 401(K) PLAN · CARY, NC · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Siteworx Holdings, LLC reported $46,161 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,321 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 has held roughly steady near 0.44%. 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 among the smaller plans on file in North Carolina (1,067th of 2,005), and 7,754th of 11,654 in professional & technical services. In 2024, employees put in $4.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,797,779
Participants with balances130
Active participants58
Employer contributions$134,591
Employee contributions$639,886
Employer contribution per active participant$2,321
Average account balance$83,060
Benefits paid to participants$1,293,189
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$10.8M · 130 accts · $135K emplr
2023$10.0M · 148 accts · $304K emplr
Administrative expenses, itemized · 2024
Investment management$46,161
Total administrative$46,161
The Siteworx Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$2,321
Median for plans this size$2,416
2024$2,321 per active participant
2023$4,603 per active participant

Siteworx Holdings, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
WELLINGTON CONSULTING SERVICES, INC · Investment advisory (participants) · Investment advisory (plan)$44,244
ENVESTNET ASSET MANAGEMENT INC · Investment advisory (participants) · Investment advisory (plan)$1,917
CHARLES SCHWAB & COMPANY · Securities brokerage$875

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$46,161 · 0.44%
2023$39,745 · 0.43%
Similar plansProfessional & Technical Services · North Carolina
Alphanumeric Systems, Inc. NC$11.4M · 0.25%
Spreedly Inc. NC$11.3M · 0.78%
Mediant Communications Inc. NC$10.9M · 0.04%
Midan Marketing, LLC NC$10.4M · 0.81%
Hutchens Law Firm, LLP NC$10.1M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900905501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.