Plan Ledger DOL Form 5500 · updated monthly

Charlotte Animal Referral & Emergency401(k)

CHARLOTTE ANIMAL REFERRAL & EMERGENCY 401(K) PROFIT SHARING PLAN & TRUST · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Charlotte Animal Referral & Emergency reported $49,183 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $2,458 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 0.80% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,271st of 2,005), and 8,882nd of 11,654 in professional & technical services. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,477,005
Participants with balances222
Active participants179
Employer contributions$439,967
Employee contributions$719,454
Employer contribution per active participant$2,458
Average account balance$33,680
Benefits paid to participants$270,360
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 222 accts · $440K emplr
2023$5.8M · 242 accts · $399K emplr
2022$4.0M · 213 accts · $361K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,401
Investment management$19,782
Total administrative$49,183
The Charlotte Animal Referral & Emergency 401(k) match · 2024
Employer contribution per active participant$2,458
Median for plans this size$1,313
2024$2,458 per active participant
2023$2,334 per active participant
2022$2,076 per active participant

Charlotte Animal Referral & Emergency's 2024 employer contribution ran above the $1,313 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,098
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)$18,432
WILSHIRE ASSOCIATES INC. (USA) · Investment advisory (participants)$1,350

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$49,183 · 0.74%
2023$36,887 · 0.76%
2022$32,257 · 0.80%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Rs&A, Inc. NC$7.7M · 0.08%
Huseby, LLC NC$7.6M · 0.85%
Avid Solutions, Inc. NC$7.4M · 0.05%
Highmark Companies NC$7.4M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472458775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.