Plan Ledger DOL Form 5500 · updated monthly

The John R. McAdams Company, Inc.401(k)

THE JOHN R. MCADAMS COMPANY, INC. SALARY SAVINGS PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

The John R. McAdams Company, Inc. reported $83,666 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $3,154 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 3 years on file its reported administrative ratio has held roughly steady near 0.21%. 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 428th-largest of 2,005 plans among North Carolina employers on file, and the 3,157th of 11,654 in professional & technical services. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 421 to 490 since 2022.

Plan summary
Net assets, end of year$42,518,363
Participants with balances468
Active participants490
Employer contributions$1,545,692
Employee contributions$3,341,923
Employer contribution per active participant$3,154
Average account balance$90,851
Benefits paid to participants$4,306,434
Plan auditUnmodified (clean) audit opinion
AuditorBLACKMAN & SLOOP
Plan history3
Yearassets · accounts · employer contribution
2024$42.5M · 468 accts · $1.5M emplr
2023$36.3M · 471 accts · $1.4M emplr
2022$27.7M · 413 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,588
Investment management$13,078
Total administrative$83,666
The The John R. McAdams Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,154
Median for plans this size$2,416
2024$3,154 per active participant
2023$3,029 per active participant
2022$2,815 per active participant

The John R. McAdams Company, Inc.'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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY · Investment management$13,078

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

Administrative cost history3
2024$83,666 · 0.21%
2023$67,212 · 0.21%
2022$58,565 · 0.20%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Csco NC$44.1M · 0.15%
Corvid Holdings, Inc. NC$44.1M · 0.04%
The Select Group, LLC NC$43.3M · 0.41%
Brightly Software, Inc NC$43.1M · 0.16%
Rcr Enterprises, LLC NC$39.0M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561234550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.