Plan Ledger DOL Form 5500 · updated monthly

Charlotte Christian School403(b)

CHARLOTTE CHRISTIAN SCHOOL RETIREMENT PLAN · CHARLOTTE, NC · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Charlotte Christian School reported $100 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,094 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other other services employers. By assets it is the 818th-largest of 2,005 plans among North Carolina employers on file, and the 1,189th of 3,341 in other services. In 2022, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,798,489
Participants with balances357
Active participants188
Employer contributions$393,765
Employee contributions$748,886
Employer contribution per active participant$2,094
Average account balance$47,055
Benefits paid to participants$1,328,462
Plan auditUnmodified (clean) audit opinion
AuditorMELISSA G. CRITCHER, CPA, PC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $309K emplr
2022$16.8M · 357 accts · $394K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$100
Total administrative$100
Employer contributions to the Charlotte Christian School plan · 2022
Employer contribution per active participant$2,094
Median for plans this size$2,266

Charlotte Christian School's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$100 · 0.00%
Same employer
Similar plansOther Services · North Carolina
Autobell Car Wash, Inc. NC$21.2M · 0.25%
Cfsc Shared Services LLC NC$16.2M · 0.45%
Credible Labs, Inc. NC$14.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560750913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.