Plan Ledger DOL Form 5500 · updated monthly

Greater Raleigh Area Christian E401(k)

GRACE CHRISTIAN SCHOOL 401(K) PLAN · RALEIGH, NC · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Greater Raleigh Area Christian E reported $220 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $129 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in North Carolina (1,796th of 2,005), and 2,882nd of 3,091 in educational services. In 2022, employees put in $7.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,831,467
Participants with balances62
Active participants156
Employer contributions$20,138
Employee contributions$153,700
Employer contribution per active participant$129
Average account balance$29,540
Benefits paid to participants$62,273
Plan auditUnmodified (clean) audit opinion
AuditorSTANCIL PC
The Greater Raleigh Area Christian E 401(k) match · 2022
Employer contribution per active participant$129
Median for plans this size$1,114

Greater Raleigh Area Christian E's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 history1
2022$220 · 0.01%
Same employer
Similar plansEducational Services · North Carolina
Gaston Day School, Inc. NC$2.4M · 0.59%
Wayne Preparatory Academy NC$542K · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561920605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.