Plan Ledger DOL Form 5500 · updated monthly

Carey Counseling Center, Inc.403(b)

THE CAREY COUNSELING CENTER, INC. TAX DEFERRED ANNUITY PLAN · PARIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Carey Counseling Center, Inc. reported $75,622 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,275 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 0.40% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (857th of 1,496), and the 5,874th of 11,911 in health care & social assistance. In 2024, the employer put in $1.30 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,481,354
Participants with balances159
Active participants135
Employer contributions$442,112
Employee contributions$341,343
Employer contribution per active participant$3,275
Average account balance$59,631
Benefits paid to participants$311,185
Plan auditUnmodified (clean) audit opinion
AuditorATA, PLLC
Plan history2
Yearassets · accounts · employer contribution
2024$9.5M · 159 accts · $442K emplr
2023$8.1M · 157 accts · $461K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,398
Investment management$13,224
Total administrative$75,622
Employer contributions to the Carey Counseling Center, Inc. plan · 2024
Employer contribution per active participant$3,275
Median for plans this size$1,313
2024$3,275 per active participant
2023$3,223 per active participant

Carey Counseling Center, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$62,398
RAYMOND JAMES AND ASSOCIATES INC · Investment advisory (plan)$13,224
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$75,622 · 0.86%
2023$29,542 · 0.40%
Similar plansHealth Care & Social Assistance · Tennessee
Shearwater Health TN$9.8M · 1.17%
Medical Care, PLLC TN$9.2M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620851889 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.