Plan Ledger DOL Form 5500 · updated monthly

Arbor Acres United Methodist Retirement Community, Inc.403(b)

ARBOR ACRES 403(B) PLAN · WINSTON SALEM, NC · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Arbor Acres United Methodist Retirement Community, Inc. reported $51,915 in plan administrative expenses for 2023: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,919 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 1 year on file its reported administrative ratio rose from 0.34% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 872nd-largest of 2,005 plans among North Carolina employers on file, and the 4,447th of 11,911 in health care & social assistance. In 2023, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,210,621
Participants with balances272
Active participants186
Employer contributions$542,996
Employee contributions$556,058
Employer contribution per active participant$2,919
Average account balance$55,921
Benefits paid to participants$1,607,936
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2024$13.5M · 283 accts · $632K emplr
2023$15.2M · 272 accts · $543K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,491
Investment management$14,349
Total administrative$51,915
The Arbor Acres United Methodist Retirement Community, Inc. 401(k) match · 2023
Employer contribution per active participant$2,919
Median for plans this size$2,440
2024$3,240 per active participant
2023$2,919 per active participant

Arbor Acres United Methodist Retirement Community, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
CAPFINANCIAL PARTNERS, LLC$14,000

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

Administrative cost history2
2024$52,396 · 0.36%
2023$51,915 · 0.34%
Similar plansHealth Care & Social Assistance · North Carolina
Well Care Health, LLC NC$15.7M · 0.54%
Carolina Caring, Inc. NC$15.3M · 0.47%
Wilmington Eye, P.A. NC$15.0M · 0.55%
Alexander Youth Network NC$14.7M · 0.74%
Ashe Memorial Hospital NC$13.8M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561152263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.