Plan Ledger DOL Form 5500 · updated monthly

Johnston-Lee-Harnett Community401(k)

403(B) THRIFT PLAN OF JOHNSTON-LEE-HARNETT COMMUNITY ACTION, INC. · SMITHFIELD, NC · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Johnston-Lee-Harnett Community reported $9,821 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,074 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 0.03% to 0.35%. 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 (1,656th of 2,005), and 9,288th of 11,911 in health care & social assistance. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has shrunk from 157 to 140 since 2022.

Plan summary
Net assets, end of year$2,972,082
Participants with balances225
Active participants140
Employer contributions$150,418
Employee contributions$175,117
Employer contribution per active participant$1,074
Average account balance$13,209
Benefits paid to participants$278,282
Plan auditUnmodified (clean) audit opinion
AuditorMPCOMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 225 accts · $150K emplr
2023$2.7M · 212 accts · $153K emplr
2022$2.6M · 199 accts · $155K emplr
The Johnston-Lee-Harnett Community 401(k) match · 2024
Employer contribution per active participant$1,074
Median for plans this size$1,313
2024$1,074 per active participant
2023$1,022 per active participant
2022$987 per active participant

Johnston-Lee-Harnett Community's 2024 employer contribution ran below 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 · 20242
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,321
MPCOMPANY, LLP · Accounting / audit$8,500

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$9,821 · 0.35%
2023$19,543 · 0.75%
2022$781 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Skill Creations, Inc. NC$3.2M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560859623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.