Plan Ledger DOL Form 5500 · updated monthly

Charlotte Eye, Ear, Nose, & Throat Associates, P.A.401(k)

401(K) PROFIT SHARING PLAN OF CHARLOTTE EYE, EAR, NOSE & THROAT ASSOCIATES, P. A. · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Charlotte Eye, Ear, Nose, & Throat Associates, P.A. reported $98,687 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,611 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 0.09% to 0.06%. 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 140th-largest of 2,005 plans among North Carolina employers on file, and the 731st of 11,911 in health care & social assistance. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves; active participation has grown from 612 to 674 since 2022.

Plan summary
Net assets, end of year$166,873,219
Participants with balances929
Active participants674
Employer contributions$5,130,058
Employee contributions$4,355,301
Employer contribution per active participant$7,611
Average account balance$179,627
Benefits paid to participants$14,885,842
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$166.9M · 929 accts · $5.1M emplr
2023$151.1M · 920 accts · $4.9M emplr
2022$139.5M · 891 accts · $5.1M emplr
The Charlotte Eye, Ear, Nose, & Throat Associates, P.A. 401(k) match · 2024
Employer contribution per active participant$7,611
Median for plans this size$3,635
2024$7,611 per active participant
2023$7,464 per active participant
2022$8,263 per active participant

Charlotte Eye, Ear, Nose, & Throat Associates, P.A.'s 2024 employer contribution ran above the $3,635 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$102,842

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$98,687 · 0.06%
2023$135,560 · 0.09%
2022$136,606 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Emergeortho PA NC$213.8M · 0.08%
Piedmont Healthcare, P.A. NC$177.0M · 0.12%
Wilmington Health, PLLC NC$166.3M · 0.32%
Allergy Partners, PLLC NC$136.5M · 0.14%
Eastern Radiologists, Inc. NC$132.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561896112 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.