Plan Ledger DOL Form 5500 · updated monthly

Weaver Street Market401(k)

WEAVER STREET MARKET RETIREMENT TRUST · HILLSBOROUGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Weaver Street Market reported $16,566 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,154 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 rose from 0.15% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in North Carolina (1,139th of 2,005), and 2,716th of 5,215 in retail trade. In 2024, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,561,521
Participants with balances247
Active participants215
Employer contributions$248,117
Employee contributions$584,876
Employer contribution per active participant$1,154
Average account balance$38,711
Benefits paid to participants$845,080
Plan auditUnmodified (clean) audit opinion
AuditorWEGNER CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 247 accts · $248K emplr
2023$8.5M · 249 accts · $242K emplr
2022$6.8M · 226 accts · $223K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,566
Total administrative$16,566
The Weaver Street Market 401(k) match · 2024
Employer contribution per active participant$1,154
Median for plans this size$1,313
2024$1,154 per active participant
2023$1,075 per active participant
2022$1,031 per active participant

Weaver Street Market's 2024 employer contribution ran below 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$10,850

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$16,566 · 0.18%
2023$8,994 · 0.12%
2022$10,878 · 0.15%
Same employer
Similar plansRetail Trade · North Carolina
Boone Drugs, Inc. NC$11.2M · 0.08%
Entrust Global Group LLC NC$10.2M · 1.14%
Old Salem, Inc. NC$9.3M · 0.04%
Cloninger Ford, Inc. NC$9.1M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561590492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.