Plan Ledger DOL Form 5500 · updated monthly

Community Action Opportunities,Incorporated401(k)

COMMUNITY ACTION OPPORTUNITIES 401(K) PLAN · ASHEVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Community Action Opportunities,Incorporated reported $8,790 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,309 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 3 years on file its reported administrative ratio has held roughly steady near 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in North Carolina (1,267th of 2,005), and 2,293rd of 3,091 in educational services. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,554,684
Participants with balances144
Active participants90
Employer contributions$207,839
Employee contributions$263,715
Employer contribution per active participant$2,309
Average account balance$52,463
Benefits paid to participants$967,961
Plan auditUnmodified (clean) audit opinion
AuditorCARTER P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 144 accts · $208K emplr
2023$7.1M · 146 accts · $193K emplr
2022$5.9M · 143 accts · $191K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,790
Total administrative$8,790
The Community Action Opportunities,Incorporated 401(k) match · 2024
Employer contribution per active participant$2,309
Median for plans this size$1,313
2024$2,309 per active participant
2023$2,389 per active participant
2022$2,224 per active participant

Community Action Opportunities,Incorporated's 2024 employer contribution ran above the $1,313 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 RETIREMENT PLAN COMPANY, LLC · Contract administrator · Recordkeeping$8,790

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

Recordkeeper by year2
2024THE RETIREMENT PLAN COMPANY, LLC
2023THE RETIREMENT PLAN COMPANY, LLC

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

Administrative cost history3
2024$8,790 · 0.12%
2023$9,662 · 0.15%
2022$7,313 · 0.11%
Same employer
Similar plansEducational Services · North Carolina
Bennett College NC$8.8M · 0.03%
Davidson Day School NC$6.6M · 0.58%
Union Academy NC$6.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560817672 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.