The Austin Company of Greensboro401(k)
THE AUSTIN COMPANY OF GREENSBORO EMPLOYEES' 401(K) PLAN · YADKINVILLE, NC · plan year 2020
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
The Austin Company of Greensboro reported $22,311 in plan administrative expenses for 2020: 0.59% of average plan assets, above the peer median. Employer contributions averaged $332 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 0.59% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in North Carolina (1,550th of 2,005), and 4,200th of 5,337 in construction. In 2020, employees put in $4.57 for every $1.00 the employer contributed.
The Austin Company of Greensboro's 2020 employer contribution ran below the $893 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 560808977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.