What are the fees in the Charlotte Lab School, Inc. 403(b) plan?

For plan year 2022, Charlotte Lab School, Inc. reported $3,208 in plan administrative expenses, or 0.27% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Charlotte Lab School, Inc. 401(k)?

The average participant account balance was $24,542 for plan year 2022, based on 51 accounts.

Charlotte Lab School, Inc.403(b)

Name: Charlotte Lab School, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

CHARLOTTE LAB SCHOOL 403(B) PLAN · CHARLOTTE, NC · plan year 2022

Reported admin expense ratio · 2022

0.27%

Charlotte Lab School, Inc. reported $3,208 in plan administrative expenses for 2022: 0.27% of average plan assets, below the peer median. 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in North Carolina (1,854th of 2,005), and 2,946th of 3,091 in educational services.

Plan summary
Net assets, end of year$1,251,649
Participants with balances51
Active participants111
Employer contributions—
Employee contributions$156,228
Employer contribution per active participant—
Average account balance$24,542
Benefits paid to participants$200,250
Plan auditUnmodified (clean) audit opinion
AuditorELLIOTT GROUP CPAS, PLLC

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$3,208

Total administrative$3,208

What these fees cost you

Your balance

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 history1

2022$3,208 · 0.27%

Similar plansEducational Services · North Carolina
Gaston Day School, Inc. NC$2.4M · 0.59%
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Greater Raleigh Area Christian E NC$1.8M · 0.01%
The Franklin School of Innovation, Inc. NC$1.8M · 0.34%
N & E Learning, LLC OH$1.3M · 0.78%
Harmonium, Inc. CA$1.3M · 0.56%
Dvmd, LLC dba Intellitec College CO$1.3M · 0.43%
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Source: U.S. Department of Labor, Form 5500 series, EIN 471006252 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.