Plan Ledger DOL Form 5500 · updated monthly

Alliance Center for Education,DC plan

403(B) THRIFT PLAN OF ALLIANCE CENTER FOR EDUCATION, INC. · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Alliance Center for Education, reported $1,580 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $820 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 fell from 0.09% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,737th of 2,005), and 9,741st of 11,911 in health care & social assistance. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,368,292
Participants with balances164
Active participants126
Employer contributions$103,330
Employee contributions$194,333
Employer contribution per active participant$820
Average account balance$14,441
Benefits paid to participants$195,125
Plan auditUnmodified (clean) audit opinion
AuditorPARSONS CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 164 accts · $103K emplr
2023$2.0M · 158 accts · $109K emplr
2022$1.7M · 158 accts · $127K emplr
Employer contributions to the Alliance Center for Education, plan · 2024
Employer contribution per active participant$820
Median for plans this size$1,313
2024$820 per active participant
2023$883 per active participant
2022$1,055 per active participant

Alliance Center for Education,'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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,200

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,580 · 0.07%
2023$965 · 0.05%
2022$1,570 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Eliada Homes, Inc. NC$2.5M · 0.67%
Comserv Inc. NC$2.2M · 0.00%
Roof Above, Inc. NC$2.2M · 0.62%
Porters Neck Village NC$2.1M · 1.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 560543244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.