Plan Ledger DOL Form 5500 · updated monthly

Carolina Asthma & Allergy Center, PA401(k)

CAROLINA ASTHMA & ALLERGY CENTER, PA 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Carolina Asthma & Allergy Center, PA reported $40,558 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $6,104 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 3 years on file its reported administrative ratio has held roughly steady near 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 560th-largest of 2,005 plans among North Carolina employers on file, and the 2,768th of 11,911 in health care & social assistance. In 2024, the employer put in $1.40 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$30,161,451
Participants with balances319
Active participants176
Employer contributions$1,074,314
Employee contributions$764,643
Employer contribution per active participant$6,104
Average account balance$94,550
Benefits paid to participants$4,533,643
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.2M · 319 accts · $1.1M emplr
2023$28.5M · 270 accts · $1.0M emplr
2022$23.2M · 256 accts · $924K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,558
Total administrative$40,558
The Carolina Asthma & Allergy Center, PA 401(k) match · 2024
Employer contribution per active participant$6,104
Median for plans this size$2,416
2024$6,104 per active participant
2023$6,083 per active participant
2022$5,632 per active participant

Carolina Asthma & Allergy Center, PA's 2024 employer contribution ran above the $2,416 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 · 20244
THE VANGUARD GROUP · Recordkeeping$17,148
QRPS, INC. · Recordkeeping$2,450
KESTRA ADVISORY SERVICES · Investment advisory (participants) · Investment advisory (plan)$25,000
ASCENSUS · Custodialindirect 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
2024QRPS, INC., Vanguard
2023QRPS, INC., Vanguard

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

Administrative cost history3
2024$40,558 · 0.14%
2023$39,573 · 0.15%
2022$34,774 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Everyage NC$29.0M · 0.74%
Morganton Eye Physicians PA NC$28.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561227652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.