Plan Ledger DOL Form 5500 · updated monthly

Discovery Place, Inc.403(b)

DISCOVERY PLACE, INC. RETIREMENT SAVINGS PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Discovery Place, Inc. reported $44,713 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $1,704 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 0.71% to 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in North Carolina (1,379th of 2,005), and 877th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 111 to 146 since 2022.

Plan summary
Net assets, end of year$5,921,420
Participants with balances178
Active participants146
Employer contributions$248,790
Employee contributions$344,362
Employer contribution per active participant$1,704
Average account balance$33,266
Benefits paid to participants$776,382
Plan auditUnmodified (clean) audit opinion
AuditorLONG CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 178 accts · $249K emplr
2023$5.4M · 194 accts · $230K emplr
2022$4.4M · 185 accts · $165K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,713
Total administrative$44,713
Employer contributions to the Discovery Place, Inc. plan · 2024
Employer contribution per active participant$1,704
Median for plans this size$1,313
2024$1,704 per active participant
2023$1,473 per active participant
2022$1,487 per active participant

Discovery Place, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$44,713
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp

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$44,713 · 0.79%
2023$36,897 · 0.75%
2022$39,432 · 0.71%
Same employer
Similar plansArts, Entertainment & Recreation · North Carolina
Myers Park Country Club NC$6.5M · 0.74%
Mint Museum of Art, Inc. NC$5.9M · 0.23%
Greensboro Country Club NC$5.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560529944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.