Plan Ledger DOL Form 5500 · updated monthly

Sonic Systems International, Inc401(k)

SONIC SYSTEMS INTERNATIONAL, INC. 401(K) P/S PLAN · WILMINGTON, NC · plan year 2024

Reported admin expense ratio · 2024
0.07%

Sonic Systems International, Inc reported $10,301 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. 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 rose from 0.03% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 841st-largest of 2,005 plans among North Carolina employers on file, and the 729th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$16,107,505
Participants with balances383
Active participants800
Employer contributions—
Employee contributions$2,344,532
Employer contribution per active participant—
Average account balance$42,056
Benefits paid to participants$3,079,168
Plan auditUnmodified (clean) audit opinion
AuditorCROWE
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 383 accts
2023$14.5M · 369 accts
2022$13.1M · 371 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,387
Investment management$2,914
Total administrative$10,301
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
ADP, INC. · Loan processing · Recordkeeping$7,386
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,301 · 0.07%
2023$6,488 · 0.05%
2022$4,841 · 0.03%
Same employer
Similar plansAdministrative & Support Services · North Carolina
Cpi Security Systems, Inc. NC$40.7M · 0.44%
Research Square Aje, LLC NC$19.4M · 0.02%
Intelerad LTD NC$16.9M · 0.25%
Revco Solutions, Inc. NC$14.3M · 0.41%
W.T. Humphrey, Inc. NC$14.1M · 0.81%
Transportation Impact LLC NC$12.6M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742014414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.