Plan Ledger DOL Form 5500 · updated monthly

Triad Math & Science Academy Company401(k)

TRIAD MATH & SCIENCE ACADEMY 401(K) PLAN · APEX, NC · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Triad Math & Science Academy Company reported $10,553 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,817 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 0.28% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in North Carolina (1,161st of 2,005), and 2,173rd of 3,091 in educational services. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 423 to 526 since 2022.

Plan summary
Net assets, end of year$9,183,537
Participants with balances322
Active participants526
Employer contributions$955,730
Employee contributions$1,235,456
Employer contribution per active participant$1,817
Average account balance$28,520
Benefits paid to participants$845,931
Plan auditDisclaimer of opinion
AuditorGILLIAM BELL MOSER, L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 322 accts · $956K emplr
2023$6.6M · 262 accts · $733K emplr
2022$4.8M · 268 accts · $593K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,553
Total administrative$10,553
The Triad Math & Science Academy Company 401(k) match · 2024
Employer contribution per active participant$1,817
Median for plans this size$1,313
2024$1,817 per active participant
2023$1,722 per active participant
2022$1,401 per active participant

Triad Math & Science Academy Company'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 · 20241
ASCENSUS LLC · Recordkeeping$10,553

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,553 · 0.13%
2023$13,234 · 0.23%
2022$10,779 · 0.28%
Same employer
Similar plansEducational Services · North Carolina
Livingstone College NC$10.4M · 0.20%
Montreat College NC$9.7M · 0.27%
Bennett College NC$8.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208471670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.