Plan Ledger DOL Form 5500 · updated monthly

Weisiger Group Inc401(k)

WEISIGER GROUP 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Weisiger Group Inc reported $312,352 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $2,148 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 139th-largest of 2,005 plans among North Carolina employers on file, and the 245th of 5,215 in retail trade. In 2024, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$166,934,807
Participants with balances2,440
Active participants2,290
Employer contributions$4,917,916
Employee contributions$15,018,341
Employer contribution per active participant$2,148
Average account balance$68,416
Benefits paid to participants$15,179,425
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$214,002
Total administrative$312,352
The Weisiger Group Inc 401(k) match · 2024
Employer contribution per active participant$2,148
Median for plans this size$3,635

Weisiger Group Inc's 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$214,002
CAPTRUST · Consulting$98,350

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

Administrative cost history1
2024$312,352 · 0.20%
Same employer
Similar plansRetail Trade · North Carolina
Ingles Markets, Incorporated NC$196.8M · 0.13%
Leith, Inc. NC$146.2M · 0.02%
Carolina Dealerships Inc. NC$112.2M · 0.73%
Rack Room Shoes, Inc. NC$80.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 932348456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.