Plan Ledger DOL Form 5500 · updated monthly

Highland House of Fayetteville, Inc.401(k)

HIGHLAND HOUSE OF FAYETTEVILLE 401(K) PROFIT SHARING PLAN · CLEMMONS, NC · plan year 2022

Reported admin expense ratio · 2022
0.41%

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

Highland House of Fayetteville, Inc. reported $1,564 in plan administrative expenses for 2022: 0.41% of average plan assets, below the peer median. Employer contributions averaged $47 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,964th of 2,005), and 11,535th of 11,911 in health care & social assistance. In 2022, employees put in $4.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$342,558
Participants with balances26
Active participants71
Employer contributions$3,328
Employee contributions$13,590
Employer contribution per active participant$47
Average account balance$13,175
Benefits paid to participants$48,782
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON, HOLLAND, WHITESELL & COMP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,500
Investment management$64
Total administrative$1,564
The Highland House of Fayetteville, Inc. 401(k) match · 2022
Employer contribution per active participant$47
Median for plans this size$331

Highland House of Fayetteville, Inc.'s 2022 employer contribution ran below the $331 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$1,564 · 0.41%
Similar plansHealth Care & Social Assistance · North Carolina
Sunrise Home Care Inc NC$382K · 1.94%
Keneri, LLC NC$371K · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560904772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.