Plan Ledger DOL Form 5500 · updated monthly

U.S. Tobacco Cooperative Inc.401(k)

U.S. TOBACCO COOPERATIVE 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

U.S. Tobacco Cooperative Inc. reported $5,144 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,250 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 0.024%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 666th-largest of 2,005 plans among North Carolina employers on file, and the 928th of 3,341 in other services. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 221 to 271 since 2022.

Plan summary
Net assets, end of year$23,349,442
Participants with balances286
Active participants271
Employer contributions$880,688
Employee contributions$1,696,924
Employer contribution per active participant$3,250
Average account balance$81,641
Benefits paid to participants$1,258,509
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 286 accts · $881K emplr
2023$19.2M · 250 accts · $589K emplr
2022$17.0M · 233 accts · $527K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,144
Total administrative$5,144
The U.S. Tobacco Cooperative Inc. 401(k) match · 2024
Employer contribution per active participant$3,250
Median for plans this size$2,416
2024$3,250 per active participant
2023$2,741 per active participant
2022$2,386 per active participant

U.S. Tobacco Cooperative 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,144

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$5,144 · 0.02%
2023$4,350 · 0.02%
2022$4,263 · 0.02%
Same employer
Similar plansOther Services · North Carolina
McNc NC$32.4M · 0.00%
G & W Equipment, Inc. NC$25.9M · 0.24%
Autobell Car Wash, Inc. NC$21.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560484598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.