Plan Ledger DOL Form 5500 · updated monthly

Structural Integrity Associates, Inc.401(k)

STRUCTURAL INTEGRITY ASSOCIATES 401(K) PLAN · HUNTERSVILE, NC · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Structural Integrity Associates, Inc. reported $1,576 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,202 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 0.004% to 0.003%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 299th-largest of 2,005 plans among North Carolina employers on file, and the 2,108th of 11,654 in professional & technical services. In 2024, employees put in $3.81 for every $1.00 the employer contributed; active participation has grown from 216 to 272 since 2022.

Plan summary
Net assets, end of year$68,082,714
Participants with balances313
Active participants272
Employer contributions$870,986
Employee contributions$3,321,450
Employer contribution per active participant$3,202
Average account balance$217,517
Benefits paid to participants$2,272,200
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$68.1M · 313 accts · $871K emplr
2023$41.4M · 267 accts · $671K emplr
2022$25.9M · 233 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,576
Total administrative$1,576
The Structural Integrity Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$3,202
Median for plans this size$3,635
2024$3,202 per active participant
2023$3,134 per active participant

Structural Integrity Associates, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20246
BENEFIT PLANS ADMIN SERVICES, INC. · Contract administrator · Recordkeeping$1,573
SUMMITRY LLC$8,635
HBK SORCE ADVISORY, LLC$5,367
CREATIVE PLANNING LLC$2,236
MONEYWISE, INC.indirect 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
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

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Administrative cost history3
2024$1,576 · 0.00%
2023$1,665 · 0.00%
2022$1,235 · 0.00%
Same employer
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Transportation Insight, LLC NC$76.8M · 0.10%
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Poyner Spruill LLP NC$71.8M · 0.17%
Fmi Corporation NC$67.1M · 0.17%
Cranfill Sumner LLP NC$64.0M · 0.14%
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Midrex Technologies, Inc. NC$59.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942872355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.