Plan Ledger DOL Form 5500 · updated monthly

Teall Capital Partners LLC401(k)

TEALL CAPITAL PARTNERS LLC 401(K) PROFIT SHARING PLAN · WINSTON-SALEM, NC · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Teall Capital Partners LLC reported $97,666 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,645 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 1.23% to 0.87%. 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 962nd-largest of 2,005 plans among North Carolina employers on file, and 7,071st of 11,654 in professional & technical services. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has shrunk from 530 to 296 since 2022.

Plan summary
Net assets, end of year$13,084,580
Participants with balances390
Active participants296
Employer contributions$782,797
Employee contributions$1,440,247
Employer contribution per active participant$2,645
Average account balance$33,550
Benefits paid to participants$750,676
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON SMITH & WILKE PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 390 accts · $783K emplr
2023$9.4M · 331 accts · $766K emplr
2022$7.2M · 364 accts · $734K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,809
Investment management$46,211
Audit (IQPA)$6,000
Total administrative$97,666
The Teall Capital Partners LLC 401(k) match · 2024
Employer contribution per active participant$2,645
Median for plans this size$2,416
2024$2,645 per active participant
2023$2,234 per active participant
2022$1,385 per active participant

Teall Capital Partners LLC's 2024 employer contribution ran above 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 · 20247
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$28,518
NOVA 401K ASSOCIATES LP · Recordkeeping · Loan processing$14,646
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$2,291
ADMINISTRATIVE FIDUCIARY SERVICES · Named fiduciary$18,990
RAYMOND JAMES AND ASSOCIATES INC · Investment advisory (plan)$14,943
NFP RETIREMENT INC · Investment advisory (plan)$12,279
ANDERSON SMITH & WIKE PLLC · Accounting / audit$6,000

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

Recordkeeper by year2
2024NOVA 401K ASSOCIATES LP, Transamerica
2023NOVA 401(K) ASSOCIATES LP, Transamerica

This plan has changed recordkeepers within these filings. If you left Teall Capital Partners LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$97,666 · 0.87%
2023$111,226 · 1.34%
2022$72,168 · 1.23%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Nu North America, Inc. NC$13.9M · 0.26%
Roi Revolution, Inc NC$13.7M · 0.45%
Commercetools, Inc. NC$12.9M · 0.04%
The Logistics Company, Inc. NC$12.6M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830591973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.