Plan Ledger DOL Form 5500 · updated monthly

Hospice of Davidson County, No401(k)

403(B) THRIFT PLAN OF HOSPICE OF DAVIDSON COUNTY, NORTH CAROLINA, INC. · LEXINGTON, NC · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Hospice of Davidson County, No reported $1,905 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,191 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 0.02% to 0.03%. 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 (1,307th of 2,005), and 6,931st of 11,911 in health care & social assistance. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 100 to 117 since 2022.

Plan summary
Net assets, end of year$6,866,662
Participants with balances135
Active participants117
Employer contributions$256,366
Employee contributions$368,188
Employer contribution per active participant$2,191
Average account balance$50,864
Benefits paid to participants$154,418
Plan auditUnmodified (clean) audit opinion
AuditorTURLINGTON AND COMPANY, L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 135 accts · $256K emplr
2023$5.6M · 118 accts · $186K emplr
2022$4.6M · 124 accts · $185K emplr
The Hospice of Davidson County, No 401(k) match · 2024
Employer contribution per active participant$2,191
Median for plans this size$1,313
2024$2,191 per active participant
2023$1,658 per active participant
2022$1,854 per active participant

Hospice of Davidson County, No's 2024 employer contribution ran above the $1,313 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,894

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,905 · 0.03%
2023$988 · 0.02%
2022$888 · 0.02%
Similar plansHealth Care & Social Assistance · North Carolina
Fmbcnc, LLC NC$7.4M · 0.30%
St. Luke's Hospital, Inc. NC$7.3M · 0.63%
Livhome, Inc. NC$6.8M · 1.16%
Moravian Home, Inc. NC$6.6M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581592138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.