Plan Ledger DOL Form 5500 · updated monthly

Sports Endeavors, LLC401(k)

SPORTS ENDEAVORS, LLC 401(K) PLAN · HILLSBOROUGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Sports Endeavors, LLC reported $15,474 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,643 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 0.04% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 344th-largest of 2,005 plans among North Carolina employers on file, and the 592nd of 5,215 in retail trade. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 462 to 593 since 2022.

Plan summary
Net assets, end of year$56,598,045
Participants with balances500
Active participants593
Employer contributions$974,433
Employee contributions$1,713,025
Employer contribution per active participant$1,643
Average account balance$113,196
Benefits paid to participants$2,611,561
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$56.6M · 500 accts · $974K emplr
2023$48.0M · 498 accts · $925K emplr
2022$38.1M · 515 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,474
Total administrative$15,474
The Sports Endeavors, LLC 401(k) match · 2024
Employer contribution per active participant$1,643
Median for plans this size$3,635
2024$1,643 per active participant
2023$1,739 per active participant
2022$2,393 per active participant

Sports Endeavors, LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MVP PLAN ADMINISTRATORS, INC. · Contract administrator · Recordkeeping$15,474

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

Recordkeeper by year2
2024MVP PLAN ADMINISTRATORS, INC.
2023MVP PLAN ADMINISTRATORS, INC.

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Administrative cost history3
2024$15,474 · 0.03%
2023$13,326 · 0.03%
2022$16,899 · 0.04%
Same employer
Similar plansRetail Trade · North Carolina
The Fresh Market, Inc. NC$78.8M · 0.47%
Cato Corporation NC$72.9M · 0.07%
Replacements, LTD. NC$63.8M · 0.19%
Echopark Automotive, Inc. NC$41.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561407278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.