Plan Ledger DOL Form 5500 · updated monthly

Gaston Residential Services IncDC plan

403(B) THRIFT PLAN OF GASTON RESIDENTIAL SERVICES, INC. · GASTONIA, NC · plan year 2025

Reported admin expense ratio · 2025
0.74%

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

Gaston Residential Services Inc reported $21,842 in plan administrative expenses for 2025: 0.74% of average plan assets, above the peer median. Employer contributions averaged $921 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 3 years on file its reported administrative ratio rose from 0.04% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,639th of 2,005), and 9,117th of 11,911 in health care & social assistance. In 2025, employees put in $1.49 for every $1.00 the employer contributed; active participation has shrunk from 154 to 135 since 2022.

Plan summary
Net assets, end of year$3,193,188
Participants with balances129
Active participants135
Employer contributions$124,274
Employee contributions$184,811
Employer contribution per active participant$921
Average account balance$24,753
Benefits paid to participants$191,070
Plan auditUnmodified (clean) audit opinion
AuditorBUTLER & STOWE
Plan history4
Yearassets · accounts · employer contribution
2025$3.2M · 129 accts · $124K emplr
2024$2.7M · 121 accts · $97K emplr
2023$2.4M · 81 accts · $89K emplr
2022$2.2M · 147 accts · $79K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$17,287
Investment management$4,555
Total administrative$21,842
Employer contributions to the Gaston Residential Services Inc plan · 2025
Employer contribution per active participant$921
Median for plans this size$1,464
2025$921 per active participant
2024$714 per active participant
2023$676 per active participant
2022$512 per active participant

Gaston Residential Services Inc's 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$16,799
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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 history4
2025$21,842 · 0.74%
2024$16,921 · 0.66%
2023$147 · 0.01%
2022$857 · 0.04%
Similar plansHealth Care & Social Assistance · North Carolina
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 510138261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.