Plan Ledger DOL Form 5500 · updated monthly

North Carolina Performing Arts Center at Charlotte Foundation403(b)

NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION 403B PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

North Carolina Performing Arts Center at Charlotte Foundation reported $36,544 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $2,249 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 0.24% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in North Carolina (1,157th of 2,005), and 704th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has shrunk from 366 to 151 since 2022.

Plan summary
Net assets, end of year$9,269,942
Participants with balances218
Active participants151
Employer contributions$339,535
Employee contributions$462,076
Employer contribution per active participant$2,249
Average account balance$42,523
Benefits paid to participants$381,743
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 218 accts · $340K emplr
2023$8.0M · 187 accts · $3K emplr
2022$6.7M · 192 accts · $282K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,568
Investment management$180
Total administrative$36,544
Employer contributions to the North Carolina Performing Arts Center at Charlotte Foundation plan · 2024
Employer contribution per active participant$2,249
Median for plans this size$1,313
2024$2,249 per active participant
2023$21 per active participant
2022$770 per active participant

North Carolina Performing Arts Center at Charlotte Foundation'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 · 20242
NFP RETIREMENT INCindirect comp

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$36,544 · 0.42%
2023$27,502 · 0.37%
2022$14,963 · 0.24%
Same employer
Similar plansArts, Entertainment & Recreation · North Carolina
Hurricanes Holdings, LLC NC$20.2M · 0.04%
Dej Holdings, LLC NC$15.4M · 0.34%
McConnell Golf, LLC NC$13.9M · 0.80%
Myers Park Country Club NC$6.5M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581791724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.