Plan Ledger DOL Form 5500 · updated monthly

W.B. Moore Company of Charlotte, Inc.401(k)

W.B. MOORE COMPANY OF CHARLOTTE 401(K) PLAN · CHARLOTTE, 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

W.B. Moore Company of Charlotte, Inc. reported $11,131 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,376 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 0.17% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in North Carolina (1,195th of 2,005), and 3,278th of 5,337 in construction. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has shrunk from 123 to 83 since 2022.

Plan summary
Net assets, end of year$8,762,510
Participants with balances149
Active participants83
Employer contributions$280,186
Employee contributions$407,418
Employer contribution per active participant$3,376
Average account balance$58,809
Benefits paid to participants$735,068
Plan auditUnmodified (clean) audit opinion
AuditorGREERWALKER CPAS & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 149 accts · $280K emplr
2023$7.8M · 178 accts · $269K emplr
2022$6.9M · 198 accts · $230K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,131
Total administrative$11,131
The W.B. Moore Company of Charlotte, Inc. 401(k) match · 2024
Employer contribution per active participant$3,376
Median for plans this size$1,313
2024$3,376 per active participant
2023$2,611 per active participant
2022$1,868 per active participant

W.B. Moore Company of Charlotte, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20244
LPL FINANCIAL · Investment advisory (plan)$11,358
TRINITY PENSION GROUP, LLC · Contract administrator$5,860
EMPOWER ADVISORY GROUP, LLC · Investment management$1,922

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$11,131 · 0.13%
2023$11,869 · 0.16%
2022$13,496 · 0.17%
Same employer
Similar plansConstruction · North Carolina
Smith-Rowe LLC NC$9.4M · 0.56%
Guy M. Turner, Inc. NC$8.7M · 0.04%
Infrastripe, LLC NC$8.5M · 0.06%
National Power, LLC NC$8.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561818115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.