Plan Ledger DOL Form 5500 · updated monthly

Community Based Care, LLC401(k)

COMMUNITY BASED CARE 401(K) PLAN · MORRISVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
1.18%

Community Based Care, LLC reported $29,173 in plan administrative expenses for 2024: 1.18% of average plan assets, higher than ~75% of peers. 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 rose from 0.39% to 1.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in North Carolina (1,696th of 2,005), and 1,805th of 2,534 in administrative & support services. active participation has grown from 1,558 to 6,367 since 2022.

Plan summary
Net assets, end of year$2,722,852
Participants with balances247
Active participants6,367
Employer contributions—
Employee contributions$475,966
Employer contribution per active participant—
Average account balance$11,024
Benefits paid to participants$436,443
Plan auditUnmodified (clean) audit opinion
AuditorBDG CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 247 accts
2023$2.2M · 191 accts
2022$1.6M · 142 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,173
Investment management$9,000
Total administrative$29,173
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
JOHN HANCOCK · Recordkeeping · Loan processing$20,173
COMPERIO RETIREMENT CONSULT · Investment advisory (participants) · Investment advisory (plan)$9,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$29,173 · 1.18%
2023$22,292 · 1.18%
2022$6,750 · 0.39%
Same employer
Similar plansAdministrative & Support Services · North Carolina
Edu Healthcare LLC NC$3.0M · 0.71%
Powerhouse Recycling Inc. NC$2.7M · 0.19%
Jet IT, LLC NC$2.6M · 1.08%
Solid Surface Care, Inc. NC$2.4M · 0.97%
Plant Partners, Inc. NC$2.2M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474471803 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.