Plan Ledger DOL Form 5500 · updated monthly

Holy Angels, Inc.403(b)

HOLY ANGELS, INC. 403(B) RETIREMENT SAVINGS PLAN · BELMONT, NC · plan year 2024

Reported admin expense ratio · 2024
1.21%

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

Holy Angels, Inc. reported $75,636 in plan administrative expenses for 2024: 1.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $650 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 1.04% to 1.21%. 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 (1,342nd of 2,005), and 7,131st of 11,911 in health care & social assistance. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 306 to 369 since 2022.

Plan summary
Net assets, end of year$6,439,434
Participants with balances509
Active participants369
Employer contributions$240,028
Employee contributions$467,334
Employer contribution per active participant$650
Average account balance$12,651
Benefits paid to participants$896,916
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 509 accts · $240K emplr
2023$6.0M · 455 accts
2022$4.8M · 380 accts · $210K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,636
Total administrative$75,636
Employer contributions to the Holy Angels, Inc. plan · 2024
Employer contribution per active participant$650
Median for plans this size$1,313
2024$650 per active participant
2022$687 per active participant

Holy Angels, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STANLEY BENEFIT SERVICES · Recordkeeping · Loan processing$52,690
FUND DIRECT ADVISORS$13,770
PRONVEST$9,176

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024STANLEY BENEFIT SERVICES
2023STANLEY BENEFIT SERVICES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$75,636 · 1.21%
2023$63,291 · 1.16%
2022$54,098 · 1.04%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Livhome, Inc. NC$6.8M · 1.16%
Moravian Home, Inc. NC$6.6M · 0.92%
Candid Care Co. NC$6.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510230406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.