Plan Ledger DOL Form 5500 · updated monthly

Wright of Thomasville, Inc.401(k)

WRIGHT OF THOMASVILLE, INC. RESERVED PAY PLAN · THOMASVILLE, NC · plan year 2022

Reported admin expense ratio · 2022
0.46%

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

Wright of Thomasville, Inc. reported $64,633 in plan administrative expenses for 2022: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 885th-largest of 2,005 plans among North Carolina employers on file, and 7,134th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$14,866,256
Participants with balances212
Active participants180
Employer contributions$0
Employee contributions$522,480
Employer contribution per active participant$0
Average account balance$70,124
Benefits paid to participants$408,132
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS AND INGRAM, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 180 accts · $144K emplr
2023$13.0M · 230 accts · $161K emplr
2022$14.9M · 212 accts
The Wright of Thomasville, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266
2024$794 per active participant
2023$993 per active participant

Wright of Thomasville, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$59,150 · 0.45%
2023$61,830 · 0.44%
2022$64,633 · 0.46%
Same employer
Similar plansManufacturing · North Carolina
Barrday Corp. NC$15.2M · 0.02%
American Truetzschler, Inc. NC$15.0M · 0.27%
Box-Board Products, Inc. NC$14.8M · 0.48%
Avgol America, Inc. NC$14.7M · 0.50%
Schunk Intec Inc. NC$14.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560730748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.