Plan Ledger DOL Form 5500 · updated monthly

Arthritis and Osteoporosis Consultants of the Carolinas, PA401(k)

ARTHRITIS AND OSTEOPOROSIS CONSULTANTS OF THE CAROLINAS 401(K) PLAN · CHARLOTTE, NC · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

Arthritis and Osteoporosis Consultants of the Carolinas, PA reported $34,570 in plan administrative expenses for 2023: 0.36% of average plan assets, below the peer median. Employer contributions averaged $5,057 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 fell from 0.54% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,095th of 2,005), and the 5,620th of 11,911 in health care & social assistance. In 2023, the employer put in $1.03 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$10,283,220
Participants with balances99
Active participants78
Employer contributions$394,422
Employee contributions$384,360
Employer contribution per active participant$5,057
Average account balance$103,871
Benefits paid to participants$919,847
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON HOLLAND WHITESELL & CO.
Plan history2
Yearassets · accounts · employer contribution
2023$10.3M · 99 accts · $394K emplr
2022$8.9M · 100 accts · $345K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,099
Investment management$22,471
Total administrative$34,570
The Arthritis and Osteoporosis Consultants of the Carolinas, PA 401(k) match · 2023
Employer contribution per active participant$5,057
Median for plans this size$1,308
2023$5,057 per active participant
2022$5,392 per active participant

Arthritis and Osteoporosis Consultants of the Carolinas, PA's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
THE VANGUARD GROUP, INC. · Contract administrator · Recordkeeping$10,479
QUANTITATIVE PROCESS, LLC · Investment advisory (plan)$22,471
BLUE SKY 401(K) SPECIALISTS$1,080
NEWPORT GROUP · Contract administrator$390
NEWPORT GROUP$150

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

Administrative cost history2
2023$34,570 · 0.36%
2022$58,680 · 0.54%
Similar plansHealth Care & Social Assistance · North Carolina
Peak Resources, Inc. NC$11.0M · 0.14%
Hemosonics, LLC NC$10.0M · 0.39%
Prokidney, LLC NC$9.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562202409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.