Arendell Parrott Academy, Inc.403(b)
ARENDELL PARROTT ACADEMY, INC. RETIREMENT PLAN · KINSTON, NC · plan year 2023
Arendell Parrott Academy, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $12,323,593 across 181 participant accounts, with employer contributions averaging $1,609 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 995th-largest of 2,005 plans among North Carolina employers on file, and 1,954th of 3,091 in educational services. In 2023, employees put in $1.15 for every $1.00 the employer contributed.
Arendell Parrott Academy, Inc.'s 2023 employer contribution ran below 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 566065129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.