Plan Ledger DOL Form 5500 · updated monthly

Medical Mutual Insurance Company of North Carolina401(k)

CURI 401(K) PLAN · RALEIGH, NC · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

Medical Mutual Insurance Company of North Carolina reported $44,087 in plan administrative expenses for 2022: 0.08% of average plan assets, below the peer median. Employer contributions averaged $14,773 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 390th-largest of 2,005 plans among North Carolina employers on file, and the 1,728th of 4,798 in finance & insurance. In 2022, the employer put in $1.74 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$47,983,483
Participants with balances289
Active participants246
Employer contributions$3,634,086
Employee contributions$2,090,463
Employer contribution per active participant$14,773
Average account balance$166,033
Benefits paid to participants$4,508,275
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON LAMBERT
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,788
Investment management$1,924
Professional / advisory$20,375
Total administrative$44,087
The Medical Mutual Insurance Company of North Carolina 401(k) match · 2022
Employer contribution per active participant$14,773
Median for plans this size$3,449

Medical Mutual Insurance Company of North Carolina's 2022 employer contribution ran above the $3,449 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$44,087 · 0.08%
Same employer
Similar plansFinance & Insurance · North Carolina
The Fidelity Bank NC$60.3M · 0.32%
Peoples Bank NC$36.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561122874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.