Plan Ledger DOL Form 5500 · updated monthly

Staunton Capital, Inc.401(k)

EMPLOYEES RETIREMENT SAVINGS PLAN · HIGH POINT, NC · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Staunton Capital, Inc. reported $27,973 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $607 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 rose from 0.37% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,365th of 2,005), and 10,596th of 13,661 in manufacturing. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has shrunk from 388 to 287 since 2022.

Plan summary
Net assets, end of year$6,174,445
Participants with balances227
Active participants287
Employer contributions$174,067
Employee contributions$383,437
Employer contribution per active participant$607
Average account balance$27,200
Benefits paid to participants$1,099,520
Plan auditUnmodified (clean) audit opinion
AuditorDUNCAN ASHE, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 227 accts · $174K emplr
2023$6.1M · 261 accts · $174K emplr
2022$5.8M · 218 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,557
Investment management$18,414
Total administrative$27,973
The Staunton Capital, Inc. 401(k) match · 2024
Employer contribution per active participant$607
Median for plans this size$1,313
2024$607 per active participant
2023$505 per active participant
2022$370 per active participant

Staunton Capital, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
MVP PLAN ADMINISTRATORS, INC. · Contract administrator · Recordkeeping$9,556
GORDON ASSET MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$18,414

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.

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

Administrative cost history3
2024$27,973 · 0.46%
2023$23,221 · 0.39%
2022$23,549 · 0.37%
Same employer
Similar plansManufacturing · North Carolina
Raumedic Inc. NC$6.5M · 0.74%
Hornwood, Inc. NC$6.5M · 0.78%
Dave Steel Company, Inc. NC$6.2M · 0.56%
Safeguard US Holdco Inc. NC$5.8M · 0.65%
Xceldyne, LLC NC$5.8M · 0.29%
The Pork Company NC$5.8M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561669702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.