Plan Ledger DOL Form 5500 · updated monthly

W. K. Dickson & Co., Inc.401(k)

W. K. DICKSON & COMPANY EMPLOYEE SAVINGS & PROTECTION PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

W. K. Dickson & Co., Inc. reported $34,805 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,578 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 0.15% to 0.14%. 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 605th-largest of 2,005 plans among North Carolina employers on file, and the 4,467th of 11,654 in professional & technical services. In 2024, employees put in $4.06 for every $1.00 the employer contributed; active participation has grown from 174 to 205 since 2022.

Plan summary
Net assets, end of year$27,230,690
Participants with balances300
Active participants205
Employer contributions$528,436
Employee contributions$2,143,143
Employer contribution per active participant$2,578
Average account balance$90,769
Benefits paid to participants$2,247,037
Plan auditUnmodified (clean) audit opinion
AuditorBGW CPA CO, PLLC
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$27.2M · 300 accts · $528K emplr
2023$23.0M · 289 accts · $473K emplr
2022$19.0M · 265 accts · $413K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,805
Total administrative$34,805
The W. K. Dickson & Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,578
Median for plans this size$2,416
2024$2,578 per active participant
2023$2,423 per active participant
2022$2,374 per active participant

W. K. Dickson & Co., 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$34,805

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

Administrative cost history4
2025Not separately reported
2024$34,805 · 0.14%
2023$26,883 · 0.13%
2022$31,550 · 0.15%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Corvid Technologies, LLC NC$30.1M · 0.09%
Sato America, LLC NC$27.7M · 0.06%
Digital.Ai Software, Inc. NC$25.8M · 0.18%
Metabolon, Inc. NC$25.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560486717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.