Plan Ledger DOL Form 5500 · updated monthly

Cornelia Nixon Davis, Inc.403(b)

CORNELIA NIXON DAVIS, INC. RETIREMENT PLAN · WILMINGTON, NC · plan year 2022

Reported admin expense ratio · 2022
0.98%

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

Cornelia Nixon Davis, Inc. reported $36,791 in plan administrative expenses for 2022: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2 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 rose from 0.98% to 1.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,632nd of 2,005), and 9,059th of 11,911 in health care & social assistance. In 2022, employees put in $616.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,270,187
Participants with balances205
Active participants275
Employer contributions$514
Employee contributions$316,802
Employer contribution per active participant$2
Average account balance$15,952
Benefits paid to participants$512,814
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 99 accts · $41K emplr
2023$3.2M · 195 accts · $61K emplr
2022$3.3M · 205 accts · $514 emplr
Employer contributions to the Cornelia Nixon Davis, Inc. plan · 2022
Employer contribution per active participant$2
Median for plans this size$1,114
2024$222 per active participant
2023$246 per active participant
2022$2 per active participant

Cornelia Nixon Davis, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$39,591 · 1.24%
2023$34,900 · 1.08%
2022$36,791 · 0.98%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Healthkeeperz, Inc. NC$3.5M · 0.95%
Action Pathways, Inc. NC$3.3M · 0.14%
Skill Creations, Inc. NC$3.2M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 566065223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.