Lutheran Retirement Ministries of Alamance County, North Carolina401(k)

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

Lutheran Retirement Ministries of Alamance County, North Carolina reported $69,325 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,710 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 0.76% to 0.56%. 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 936th-largest of 2,005 plans among North Carolina employers on file, and the 1,368th of 3,341 in other services. In 2024, the employer put in $1.00 for every $1.00 employees contributed themselves; active participation has grown from 349 to 405 since 2022.