Plan Ledger DOL Form 5500 · updated monthly

Coastal Carolina Health Care, P.A.401(k)

COASTAL CAROLINA HEALTH CARE, P.A. EES' 401(K) SAVINGS & PROFIT SHARING PLAN · NEW BERN, NC · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Coastal Carolina Health Care, P.A. reported $149,750 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $6,247 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 0.25% to 0.22%. 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 284th-largest of 2,005 plans among North Carolina employers on file, and the 1,413th of 11,911 in health care & social assistance. In 2024, the employer put in $1.32 for every $1.00 employees contributed themselves; active participation has grown from 389 to 532 since 2022.

Plan summary
Net assets, end of year$71,835,204
Participants with balances640
Active participants532
Employer contributions$3,323,294
Employee contributions$2,521,972
Employer contribution per active participant$6,247
Average account balance$112,243
Benefits paid to participants$4,707,406
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS & INGRAM, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$71.8M · 640 accts · $3.3M emplr
2023$63.0M · 543 accts · $2.9M emplr
2022$55.0M · 478 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,291
Investment management$133,459
Total administrative$149,750
The Coastal Carolina Health Care, P.A. 401(k) match · 2024
Employer contribution per active participant$6,247
Median for plans this size$3,635
2024$6,247 per active participant
2023$6,953 per active participant
2022$6,881 per active participant

Coastal Carolina Health Care, P.A.'s 2024 employer contribution ran above the $3,635 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$128,538
WHITENER CAPITAL MANAGEMENT INC · Investment advisory (participants)$14,037
BLUESKY WEALTH ADVISORS LLC · Investment advisory (participants)$7,175
CHARLES SCHWAB & CO., INC. · Securities brokerage$349

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$149,750 · 0.22%
2023$135,008 · 0.23%
2022$146,950 · 0.25%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Carteret General Hospital NC$74.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562054060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.