Plan Ledger DOL Form 5500 · updated monthly

Century Care Management, Inc.401(k)

CENTURY CARE MANAGEMENT, INC. DUNCAN COMPANIES 401K PLAN · CARY, NC · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Century Care Management, Inc. reported $67,878 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,457 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 0.43% to 0.40%. 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 768th-largest of 2,005 plans among North Carolina employers on file, and the 3,852nd of 11,911 in health care & social assistance. In 2024, employees put in $1.39 for every $1.00 the employer contributed; active participation has shrunk from 881 to 589 since 2022.

Plan summary
Net assets, end of year$18,816,653
Participants with balances504
Active participants589
Employer contributions$858,464
Employee contributions$1,193,256
Employer contribution per active participant$1,457
Average account balance$37,335
Benefits paid to participants$841,461
Plan auditUnmodified (clean) audit opinion
AuditorNUNN, BRASHEAR, & UZZELL P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 504 accts · $858K emplr
2023$15.4M · 500 accts · $755K emplr
2022$13.2M · 520 accts · $770K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,878
Total administrative$67,878
The Century Care Management, Inc. 401(k) match · 2024
Employer contribution per active participant$1,457
Median for plans this size$2,416
2024$1,457 per active participant
2023$1,216 per active participant
2022$874 per active participant

Century Care Management, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
ASCENSUS LLC · Recordkeeping$67,878

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$67,878 · 0.40%
2023$55,836 · 0.39%
2022$62,322 · 0.43%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Workplace Options, LLC NC$20.8M · 0.44%
Lower Cape Fear Lifecare NC$20.7M · 0.33%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 562145100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.