Plan Ledger DOL Form 5500 · updated monthly

The Pendergraph Companies, LLC401(k)

THE PENDERGRAPH COMPANIES, LLC 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

The Pendergraph Companies, LLC reported $27,038 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,477 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 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in North Carolina (1,351st of 2,005), and 1,388th of 2,096 in real estate & leasing. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 126 to 143 since 2022.

Plan summary
Net assets, end of year$6,363,222
Participants with balances223
Active participants143
Employer contributions$211,281
Employee contributions$247,387
Employer contribution per active participant$1,477
Average account balance$28,535
Benefits paid to participants$258,970
Plan auditUnmodified (clean) audit opinion
AuditorSTANCIL PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 223 accts · $211K emplr
2023$5.3M · 221 accts · $212K emplr
2022$4.2M · 205 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,038
Total administrative$27,038
The The Pendergraph Companies, LLC 401(k) match · 2024
Employer contribution per active participant$1,477
Median for plans this size$1,313
2024$1,477 per active participant
2023$1,503 per active participant
2022$1,510 per active participant

The Pendergraph Companies, LLC's 2024 employer contribution ran above the $1,313 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 · 20244
RETIREMENT PLAN SOLUTIONS INC · Contract administrator$4,876
EMPOWER ADVISORY GROUP, LLC · Investment management$1,793
ENVESTMET RETIREMENT SOLUTIONS LLC$1,139

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$27,038 · 0.47%
2023$19,505 · 0.41%
2022$21,084 · 0.46%
Similar plansReal Estate & Leasing · North Carolina
Tribute Companies, Inc. NC$8.0M · 0.13%
Ce Rental, Inc. NC$4.6M · 0.82%
York Properties, Inc. NC$4.4M · 0.41%
New Forum, Inc. NC$3.7M · 1.53%
Sea Coast Realty, Inc. NC$3.5M · 1.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270080860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.