Plan Ledger DOL Form 5500 · updated monthly

Community Care of North Carolina, Inc.401(k)

COMMUNITY CARE OF NORTH CAROLINA, INC 401(K) PLAN · GARNER, NC · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Community Care of North Carolina, Inc. reported $35,302 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,621 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 0.11% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other public administration employers. By assets it is the 452nd-largest of 2,005 plans among North Carolina employers on file, and the 23rd of 90 in public administration. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,577,797
Participants with balances573
Active participants468
Employer contributions$2,162,815
Employee contributions$2,547,582
Employer contribution per active participant$4,621
Average account balance$69,071
Benefits paid to participants$3,110,598
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.6M · 573 accts · $2.2M emplr
2023$33.4M · 602 accts · $2.1M emplr
2022$26.3M · 621 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Investment management$17,413
Total administrative$35,302
The Community Care of North Carolina, Inc. 401(k) match · 2024
Employer contribution per active participant$4,621
Median for plans this size$2,416
2024$4,621 per active participant
2023$4,570 per active participant
2022$4,567 per active participant

Community Care of North Carolina, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
LEAFHOUSE FINANCIAL ADVISORS, LLC$17,889
EMPOWER ADVISORY GROUP, LLC · Investment management$17,413

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

Administrative cost history3
2024$35,302 · 0.10%
2023$35,941 · 0.12%
2022$30,344 · 0.11%
Same employer
Similar plansPublic Administration · North Carolina
Oneida Nation WI$43.3M · 0.33%
Jamestown S'Klallam Tribe WA$34.5M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463355510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.