Plan Ledger DOL Form 5500 · updated monthly

Child Care Services Association401(k)

CHILD CARE SERVICES ASSOCIATION 401(K) PLAN · CHAPEL HILL, NC · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Child Care Services Association reported $36,362 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $1,657 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 1.05% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,476th of 2,005), and 7,998th of 11,911 in health care & social assistance. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,848,360
Participants with balances139
Active participants131
Employer contributions$217,050
Employee contributions$464,843
Employer contribution per active participant$1,657
Average account balance$34,880
Benefits paid to participants$311,984
Plan auditUnmodified (clean) audit opinion
AuditorGILLIAM BELL MOSER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 139 accts · $217K emplr
2023$4.0M · 140 accts · $141K emplr
2022$3.1M · 131 accts · $67K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,233
Investment management$21,129
Total administrative$36,362
The Child Care Services Association 401(k) match · 2024
Employer contribution per active participant$1,657
Median for plans this size$1,313
2024$1,657 per active participant
2023$1,081 per active participant
2022$525 per active participant

Child Care Services Association's 2024 employer contribution ran above the $1,313 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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$15,232
BRYANT & BRANNOCK LLCC · Investment advisory (plan)$21,128

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$36,362 · 0.82%
2023$30,977 · 0.88%
2022$25,715 · 1.05%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Radeas LLC NC$5.1M · 0.33%
Cannon Health LLC NC$5.0M · 0.89%
Miracles in Sight NC$4.8M · 0.02%
Armstrong & Eshleman P.A. NC$4.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561514058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.