Plan Ledger DOL Form 5500 · updated monthly

Gaston Day School, Inc.Profit-sharing plan

GASTON DAY SCHOOL 401(A) DC PLAN · GASTONIA, NC · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Gaston Day School, Inc. reported $14,192 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,080 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 0.50% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in North Carolina (1,730th of 2,005), and 2,803rd of 3,091 in educational services. active participation has grown from 100 to 115 since 2022.

Plan summary
Net assets, end of year$2,448,697
Participants with balances156
Active participants115
Employer contributions$124,165
Employee contributions—
Employer contribution per active participant$1,080
Average account balance$15,697
Benefits paid to participants$267,912
Plan auditUnmodified (clean) audit opinion
AuditorMCCANNON, ROGERS, DRISCOLL AND ASSO
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 156 accts · $124K emplr
2023$2.3M · 145 accts · $119K emplr
2022$2.3M · 143 accts · $118K emplr
Administrative expenses, itemized · 2024
Investment management$14,192
Total administrative$14,192
Employer contributions to the Gaston Day School, Inc. plan · 2024
Employer contribution per active participant$1,080
Median for plans this size$1,313
2024$1,080 per active participant
2023$1,202 per active participant
2022$1,180 per active participant

Gaston Day School, Inc.'s 2024 employer contribution ran below 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
CAPITAL ASSET ADVISORY SERVICES SVS$8,518
TIAA-CREF$5,674

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$14,192 · 0.59%
2023$12,616 · 0.54%
2022$11,008 · 0.50%
Similar plansEducational Services · North Carolina
St. Timothys School, Inc. NC$2.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 566076613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.