Plan Ledger DOL Form 5500 · updated monthly

The Select Group, LLC401(k)

THE SELECT GROUP, LLC 401(K) PROFIT SHARING PLAN AND TRUST · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

The Select Group, LLC reported $160,365 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $402 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 0.71% to 0.41%. 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 421st-largest of 2,005 plans among North Carolina employers on file, and the 3,107th of 11,654 in professional & technical services. In 2024, employees put in $12.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,274,289
Participants with balances946
Active participants1,373
Employer contributions$552,252
Employee contributions$6,777,208
Employer contribution per active participant$402
Average account balance$45,744
Benefits paid to participants$4,993,589
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 946 accts · $552K emplr
2023$34.1M · 896 accts · $666K emplr
2022$23.2M · 831 accts · $570K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,138
Investment management$57,227
Total administrative$160,365
The The Select Group, LLC 401(k) match · 2024
Employer contribution per active participant$402
Median for plans this size$2,416
2024$402 per active participant
2023$487 per active participant
2022$409 per active participant

The Select Group, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$103,138
LPL FINANCIAL LLC · Investment advisory (plan)$44,905
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,323

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$160,365 · 0.41%
2023$155,710 · 0.54%
2022$166,546 · 0.71%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Apex Analytix LLC NC$44.8M · 0.20%
Csco NC$44.1M · 0.15%
Corvid Holdings, Inc. NC$44.1M · 0.04%
Brightly Software, Inc NC$43.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522329531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.