Plan Ledger DOL Form 5500 · updated monthly

Credit Bureau of Greater Greensboro, Inc.401(k)

CREDIT BUREAU OF GREATER GREENSBORO 401(K) PROFIT SHARING PLAN · GREENSBORO, NC · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Credit Bureau of Greater Greensboro, Inc. reported $2,775 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,184 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 0.03% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in North Carolina (1,183rd of 2,005), and 4,086th of 4,798 in finance & insurance. In 2022, employees put in $2.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,949,337
Participants with balances174
Active participants141
Employer contributions$166,943
Employee contributions$463,266
Employer contribution per active participant$1,184
Average account balance$51,433
Benefits paid to participants$764,587
Plan auditUnmodified (clean) audit opinion
AuditorLEEPER KEAN & RUMLEY
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 161 accts · $122K emplr
2023$7.5M · 157 accts · $141K emplr
2022$8.9M · 174 accts · $167K emplr
The Credit Bureau of Greater Greensboro, Inc. 401(k) match · 2022
Employer contribution per active participant$1,184
Median for plans this size$1,114
2024$709 per active participant
2023$1,137 per active participant
2022$1,184 per active participant

Credit Bureau of Greater Greensboro, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$10,855 · 0.14%
2023$10,588 · 0.13%
2022$2,775 · 0.03%
Similar plansFinance & Insurance · North Carolina
Goprime Mortgage, Inc. NC$9.8M · 0.79%
Champion Credit Union NC$9.8M · 0.21%
Quility Holding, LLC NC$6.8M · 1.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560245320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.