Plan Ledger DOL Form 5500 · updated monthly

Greene County Health Care, Inc.401(k)

GREENE COUNTY HEALTH CARE, INC. 401(K) PLAN · SNOW HILL, NC · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Greene County Health Care, Inc. reported $59,155 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $2,800 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 has held roughly steady near 0.62%. 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 (1,134th of 2,005), and the 5,818th of 11,911 in health care & social assistance. In 2024, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,656,140
Participants with balances194
Active participants150
Employer contributions$420,045
Employee contributions$809,077
Employer contribution per active participant$2,800
Average account balance$49,774
Benefits paid to participants$2,601,305
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS MARZARS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 194 accts · $420K emplr
2023$9.5M · 197 accts · $478K emplr
2022$8.2M · 197 accts · $467K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,155
Total administrative$59,155
The Greene County Health Care, Inc. 401(k) match · 2024
Employer contribution per active participant$2,800
Median for plans this size$1,313
2024$2,800 per active participant
2023$3,341 per active participant
2022$3,131 per active participant

Greene County Health Care, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
DEFINITI, LLC · Contract administrator$3,295
RETIREMENT PLAN SOLUTIONS, INC. · Contract administrator$2,880
RAYMOND JAMES & ASSOCIATESindirect 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$59,155 · 0.62%
2023$48,808 · 0.55%
2022$46,750 · 0.59%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Hemosonics, LLC NC$10.0M · 0.39%
Prokidney, LLC NC$9.8M · 0.03%
The Forest at Duke, Inc. NC$9.3M · 0.05%
Childrens Hope Alliance NC$9.3M · 0.68%
Carolina Village, Inc. NC$9.1M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560992353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.