Plan Ledger DOL Form 5500 · updated monthly

World Racing Group, Inc.401(k)

WORLD RACING GROUP 401(K) PLAN · CONCORD, NC · plan year 2024

Reported admin expense ratio · 2024
0.88%

World Racing Group, Inc. reported $19,793 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. 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 1.01% to 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in North Carolina (1,727th of 2,005), and 1,117th of 1,311 in arts, entertainment & recreation.

Plan summary
Net assets, end of year$2,461,229
Participants with balances234
Active participants210
Employer contributions—
Employee contributions$277,572
Employer contribution per active participant—
Average account balance$10,518
Benefits paid to participants$122,055
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 234 accts
2023$2.0M · 200 accts
2022$1.6M · 192 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,735
Investment management$5,058
Total administrative$19,793
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
ASCENSUS LLC · Loan processing · Recordkeeping$14,735
ONE DIGITAL INVESTMENT ADVISORS. · Investment advisory (plan)$5,058

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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Administrative cost history3
2024$19,793 · 0.88%
2023$16,103 · 0.89%
2022$17,423 · 1.01%
Similar plansArts, Entertainment & Recreation · North Carolina
Greensboro Country Club NC$5.4M · 0.43%
Greensboro Science Center NC$2.1M · 0.75%
Bald Head Island Club NC$1.4M · 0.11%
Otgp Management, LLC NC$638K · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900284113 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.