Plan Ledger DOL Form 5500 · updated monthly

Carteret General Hospital403(b)

CARTERET COUNTY GENERAL HOSPITAL TAX DEFERRED SAVINGS PLAN · MOREHEAD CITY, NC · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Carteret General Hospital reported $126,922 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $797 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 0.19% to 0.18%. 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 274th-largest of 2,005 plans among North Carolina employers on file, and the 1,379th of 11,911 in health care & social assistance. In 2024, employees put in $4.43 for every $1.00 the employer contributed; active participation has grown from 1,165 to 1,319 since 2022.

Plan summary
Net assets, end of year$74,118,329
Participants with balances1,747
Active participants1,319
Employer contributions$1,051,329
Employee contributions$4,660,035
Employer contribution per active participant$797
Average account balance$42,426
Benefits paid to participants$7,636,851
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$74.1M · 1,747 accts · $1.1M emplr
2023$67.6M · 1,776 accts · $976K emplr
2022$53.9M · 1,740 accts · $891K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,922
Total administrative$126,922
Employer contributions to the Carteret General Hospital plan · 2024
Employer contribution per active participant$797
Median for plans this size$3,635
2024$797 per active participant
2023$816 per active participant
2022$765 per active participant

Carteret General Hospital's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$111,563
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 history3
2024$126,922 · 0.18%
2023$97,856 · 0.16%
2022$96,108 · 0.19%
All plans at this employer2
CARTERET COUNTY GENERAL HOSPITAL MONEY PURCHASE PENSION PLANMoney purchase plan
CARTERET COUNTY GENERAL HOSPITAL TAX DEFERRED SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Ara Health Specialists, P.A NC$87.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560952955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.