Plan Ledger DOL Form 5500 · updated monthly

Carolina Neurosurgery & Spine Associates PA401(k)

CAROLINA NEUROSURGERY & SPINE ASSOCIATES, PA EMPLOYEES SAVINGS PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Carolina Neurosurgery & Spine Associates PA reported $117,003 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $7,917 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 0.13% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 188th-largest of 2,005 plans among North Carolina employers on file, and the 1,027th of 11,911 in health care & social assistance. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$109,406,664
Participants with balances588
Active participants477
Employer contributions$3,776,395
Employee contributions$3,130,005
Employer contribution per active participant$7,917
Average account balance$186,066
Benefits paid to participants$19,068,168
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON AND COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$109.4M · 588 accts · $3.8M emplr
2023$106.5M · 604 accts · $4.0M emplr
2022$97.5M · 552 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,911
Investment management$85,092
Total administrative$117,003
The Carolina Neurosurgery & Spine Associates PA 401(k) match · 2024
Employer contribution per active participant$7,917
Median for plans this size$3,635
2024$7,917 per active participant
2023$8,605 per active participant
2022$7,750 per active participant

Carolina Neurosurgery & Spine Associates PA's 2024 employer contribution ran above the $3,635 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 · 20242
CAPTRUST FINANCIAL ADVISORS · Investment advisory (plan) · Investment management$85,092
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,911

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$117,003 · 0.11%
2023$117,884 · 0.12%
2022$144,551 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Physicians East PA NC$114.0M · 0.04%
Blue Ridge Healthcare System NC$113.3M · 0.20%
Boice-Willis Clinic, P.A. NC$97.0M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 560963485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.