Plan Ledger DOL Form 5500 · updated monthly

Greensboro Independent School Corp403(b)

GREENSBORO DAY SCHOOL RETIREMENT PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Greensboro Independent School Corp reported $25,645 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,572 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 0.04% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 420th-largest of 2,005 plans among North Carolina employers on file, and the 1,019th of 3,091 in educational services. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,591,179
Participants with balances370
Active participants245
Employer contributions$630,156
Employee contributions$800,574
Employer contribution per active participant$2,572
Average account balance$117,814
Benefits paid to participants$2,597,776
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.6M · 370 accts · $630K emplr
2023$40.7M · 362 accts · $575K emplr
2022$36.3M · 359 accts · $522K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,000
Total administrative$25,645
Employer contributions to the Greensboro Independent School Corp plan · 2024
Employer contribution per active participant$2,572
Median for plans this size$2,416
2024$2,572 per active participant
2023$2,263 per active participant
2022$2,141 per active participant

Greensboro Independent School Corp's 2024 employer contribution ran above the $2,416 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
CREATIVE PLANNING, LLC$25,000

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$25,645 · 0.06%
2023$29,795 · 0.08%
2022$13,422 · 0.04%
Same employer
Similar plansEducational Services · North Carolina
Lenoir-Rhyne University NC$58.0M · 0.11%
Ravenscroft School NC$57.3M · 0.04%
Catawba College NC$46.9M · 0.13%
Cary Academy NC$44.7M · 0.20%
Warren Wilson College, Inc. NC$41.9M · 0.17%
Mars Hill University NC$41.2M · 0.35%
Johnson C Smith University NC$39.8M · 0.02%
Belmont Abbey College, Inc. NC$39.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560949932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.