Plan Ledger DOL Form 5500 · updated monthly

Hospice of Wake County, Inc. dba Transitions Lifecare403(b)

HOSPICE OF WAKE COUNTY, INC. RETIREMENT SAVINGS PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Hospice of Wake County, Inc. dba Transitions Lifecare reported $55,026 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,624 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 fell from 0.27% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 578th-largest of 2,005 plans among North Carolina employers on file, and the 755th of 3,341 in other services. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,922,171
Participants with balances811
Active participants448
Employer contributions$727,395
Employee contributions$1,655,500
Employer contribution per active participant$1,624
Average account balance$35,662
Benefits paid to participants$4,323,876
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 811 accts · $727K emplr
2023$27.3M · 773 accts · $705K emplr
2022$24.6M · 790 accts · $824K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,026
Total administrative$55,026
Employer contributions to the Hospice of Wake County, Inc. dba Transitions Lifecare plan · 2024
Employer contribution per active participant$1,624
Median for plans this size$2,416
2024$1,624 per active participant
2023$1,753 per active participant
2022$1,852 per active participant

Hospice of Wake County, Inc. dba Transitions Lifecare's 2024 employer contribution ran below 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 · 20242
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment management$51,238
VARIABLE ANNUITY LIFE INSURANCE CO. · Custodial (securities) · Investment advisory (participants)$3,788

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$55,026 · 0.20%
2023$59,224 · 0.23%
2022$71,630 · 0.27%
Same employer
Similar plansOther Services · North Carolina
Gmc Legacy, LLC NC$40.2M · 0.31%
McNc NC$32.4M · 0.00%
G & W Equipment, Inc. NC$25.9M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561228779 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.