Plan Ledger DOL Form 5500 · updated monthly

Carolina Therapeutic Services, Inc.401(k)

CAROLINA THERAPEUTIC SERVICES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · GASTONIA, NC · plan year 2024

Reported admin expense ratio · 2024
2.30%

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

Carolina Therapeutic Services, Inc. reported $17,323 in plan administrative expenses for 2024: 2.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $712 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.

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 (1,881st of 2,005), and 10,895th of 11,911 in health care & social assistance. In 2024, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,013,345
Participants with balances207
Active participants197
Employer contributions$140,306
Employee contributions$366,069
Employer contribution per active participant$712
Average account balance$4,895
Benefits paid to participants$52,712
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2025$0 · $45K emplr
2024$1.0M · 207 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,962
Investment management$361
Total administrative$17,323
The Carolina Therapeutic Services, Inc. 401(k) match · 2024
Employer contribution per active participant$712
Median for plans this size$540

Carolina Therapeutic Services, Inc.'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.

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
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$9,925
TRANSAMERICA FINANCIAL LIFE INS. CO · Recordkeeping · Loan processing$7,037
RPA FINANCIAL LLC · Investment advisory (plan)$361

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

Recordkeeper by year2
2025ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history2
2025Not separately reported
2024$17,323 · 2.30%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Smithfield Manor, Inc. NC$1.1M · 0.78%
Southlight Healthcare NC$1.0M · 0.83%
Creative Schools, Inc. NC$825K · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770689201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.