Plan Ledger DOL Form 5500 · updated monthly

Eastern Carolina Vocational Center, Inc.Profit-sharing plan

EASTERN CAROLINA VOCATIONAL CENTER, INC. PROFIT SHARING PLAN · GREENVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Eastern Carolina Vocational Center, Inc. reported $1,150 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,284 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 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,396th of 2,005), and 7,525th of 11,911 in health care & social assistance. active participation has shrunk from 129 to 116 since 2022.

Plan summary
Net assets, end of year$5,693,873
Participants with balances192
Active participants116
Employer contributions$264,891
Employee contributions—
Employer contribution per active participant$2,284
Average account balance$29,656
Benefits paid to participants$303,970
Plan auditDisclaimer of opinion
AuditorSULLIVAN, SHEARIN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 192 accts · $265K emplr
2023$5.2M · 204 accts · $243K emplr
2022$5.2M · 205 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,150
Total administrative$1,150
Employer contributions to the Eastern Carolina Vocational Center, Inc. plan · 2024
Employer contribution per active participant$2,284
Median for plans this size$1,313
2024$2,284 per active participant
2023$2,250 per active participant
2022$2,062 per active participant

Eastern Carolina Vocational Center, 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 · 20241
JOHN HANCOCK USA · Recordkeeping · Investment management$1,150

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$1,150 · 0.02%
2023$1,800 · 0.03%
2022$700 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Hopeway Foundation NC$6.0M · 0.93%
Fellowship Hall, Inc. NC$5.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560889288 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.