Plan Ledger DOL Form 5500 · updated monthly

Billy Graham Evangelistic Association401(k)

BILLY GRAHAM EVANGELISTIC ASSOCIATION 401(K) RETIREMENT PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Billy Graham Evangelistic Association reported $138,974 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,683 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 0.19% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 260th-largest of 2,005 plans among North Carolina employers on file, and the 254th of 3,341 in other services. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has grown from 571 to 1,255 since 2022.

Plan summary
Net assets, end of year$77,978,507
Participants with balances865
Active participants1,255
Employer contributions$3,367,271
Employee contributions$3,290,006
Employer contribution per active participant$2,683
Average account balance$90,149
Benefits paid to participants$9,071,950
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$78.0M · 865 accts · $3.4M emplr
2023$73.1M · 771 accts · $3.2M emplr
2022$63.0M · 733 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$138,974
Total administrative$138,974
The Billy Graham Evangelistic Association 401(k) match · 2024
Employer contribution per active participant$2,683
Median for plans this size$3,635
2024$2,683 per active participant
2023$5,172 per active participant
2022$5,134 per active participant

Billy Graham Evangelistic Association's 2024 employer contribution ran below the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$138,974
KESTRA INVESTMENT SERVICES LLC · Other servicesindirect comp

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

Administrative cost history3
2024$138,974 · 0.18%
2023$134,302 · 0.20%
2022$136,374 · 0.19%
Same employer
Similar plansOther Services · North Carolina
Samaritan's Purse NC$180.6M · 0.17%
High Point University NC$174.4M · 0.33%
Cotton Incorporated NC$45.1M · 0.20%
Gmc Legacy, LLC NC$40.2M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452588350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.