Plan Ledger DOL Form 5500 · updated monthly

Central Carolina Air Conditioning401(k)

CENTRAL CAROLINA AIR CONDITIONING 401K PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Central Carolina Air Conditioning reported $72,050 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $2,150 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 rose from 0.48% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in North Carolina (1,091st of 2,005), and 3,051st of 5,337 in construction. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,329,727
Participants with balances100
Active participants125
Employer contributions$268,806
Employee contributions$501,537
Employer contribution per active participant$2,150
Average account balance$103,297
Benefits paid to participants$691,555
Plan auditUnmodified (clean) audit opinion
AuditorBRESLOW STARLING PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 100 accts · $269K emplr
2023$8.9M · 108 accts · $283K emplr
2022$7.7M · 122 accts · $268K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,945
Investment management$23,971
Total administrative$72,050
The Central Carolina Air Conditioning 401(k) match · 2024
Employer contribution per active participant$2,150
Median for plans this size$1,313
2024$2,150 per active participant
2023$2,025 per active participant
2022$2,194 per active participant

Central Carolina Air Conditioning's 2024 employer contribution ran above the $1,313 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$16,652
STANLEY BENEFIT SERVICES · Recordkeeping · Consulting$9,294
UBS FINANCIAL SERVICES, INC. · Consulting · Insurance services$23,972

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

Recordkeeper by year2
2024STANLEY BENEFIT SERVICES, Transamerica
2023STANLEY BENEFIT SERVICES

This plan has changed recordkeepers within these filings. If you left Central Carolina Air Conditioning before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$72,050 · 0.75%
2023$25,524 · 0.31%
2022$39,476 · 0.48%
Same employer
Similar plansConstruction · North Carolina
David Allen Company, Inc. NC$11.5M · 0.40%
Fhg, Inc. NC$11.0M · 0.05%
Sears Contract, Inc. NC$10.8M · 0.32%
Micron Precision, LLC NC$10.5M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 141861470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.