Boys and Girls Homes of North Carolina403(b)
BOYS AND GIRLS HOMES OF NORTH CAROLINA 403(B) PLAN · LAKE WACCAMAW, NC · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Boys and Girls Homes of North Carolina reported $15,860 in plan administrative expenses for 2024: 2.26% of average plan assets, above the peer median. Employer contributions averaged $760 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 rose from 1.20% to 2.26%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,906th of 2,005), and 11,057th of 11,911 in health care & social assistance. In 2024, employees put in $1.80 for every $1.00 the employer contributed.
Boys and Girls Homes of North Carolina's 2024 employer contribution ran above the $540 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 581387871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.