Plan Ledger DOL Form 5500 · updated monthly

Advance Community Health, Inc.401(k)

ADVANCE COMMUNITY HEALTH, INC. 401(K) PLAN · RALEIGH, NC · plan year 2022

Reported admin expense ratio · 2022
1.00%

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

Advance Community Health, Inc. reported $40,311 in plan administrative expenses for 2022: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,779 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,545th of 2,005), and 8,464th of 11,911 in health care & social assistance. In 2022, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,123,614
Participants with balances348
Active participants145
Employer contributions$257,911
Employee contributions$454,803
Employer contribution per active participant$1,779
Average account balance$11,849
Benefits paid to participants$969,841
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$40,311
Total administrative$40,311
The Advance Community Health, Inc. 401(k) match · 2022
Employer contribution per active participant$1,779
Median for plans this size$1,114

Advance Community Health, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$40,311 · 1.00%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Viva Life LLC NC$4.2M · 0.87%
Support, Inc. NC$4.1M · 0.04%
Penick Village, Inc. NC$4.1M · 0.31%
Resources for Seniors NC$4.1M · 0.03%
Randolph Health, Inc. NC$4.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561004791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.