Plan Ledger DOL Form 5500 · updated monthly

Strawbridge Studios, Inc.Profit-sharing plan

STRAWBRIDGE STUDIOS, INC. RETIREMENT PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Strawbridge Studios, Inc. reported $109,548 in plan administrative expenses for 2024: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,365 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 0.86% to 0.78%. 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 the 879th-largest of 2,005 plans among North Carolina employers on file, and 6,562nd of 11,654 in professional & technical services. In 2024, the employer put in $1.30 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$15,030,028
Participants with balances396
Active participants408
Employer contributions$557,062
Employee contributions$429,670
Employer contribution per active participant$1,365
Average account balance$37,955
Benefits paid to participants$426,091
Plan auditUnmodified (clean) audit opinion
AuditorBALANCE & STRATEGY ADVISORS, CPAS,
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 396 accts · $557K emplr
2023$13.0M · 438 accts · $541K emplr
2022$11.5M · 379 accts · $650K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,945
Investment management$61,603
Total administrative$109,548
Employer contributions to the Strawbridge Studios, Inc. plan · 2024
Employer contribution per active participant$1,365
Median for plans this size$2,416
2024$1,365 per active participant
2023$1,402 per active participant
2022$1,728 per active participant

Strawbridge Studios, Inc.'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
PC RETIREMENT, LLC · Contract administrator · Recordkeeping$47,945
COLDSTREAM WEALTH MANAGEMENT, LLC · Investment advisory (plan)$61,603
BRINKER CAPITAL INVESTMENTS, LLC · Investment managementindirect 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
2024PC RETIREMENT, LLC
2023PC RETIREMENT, LLC

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

Administrative cost history3
2024$109,548 · 0.78%
2023$99,201 · 0.81%
2022$97,177 · 0.86%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Ecr Software Corporation NC$15.6M · 0.02%
Brock & Scott PLLC NC$15.4M · 0.74%
Wray Ward, LLC NC$15.1M · 0.17%
Stewart Engineering Inc. NC$14.8M · 0.32%
Bavarian Nordic, Inc. NC$14.8M · 0.19%
Gk Software USA, Inc. NC$14.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560595224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.