Plan Ledger DOL Form 5500 · updated monthly

Piedmont Community Charter School, Inc.401(k)

PIEDMONT COMMUNITY CHARTER SCHOOL RETIREMENT PLAN · GASTONIA, NC · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Piedmont Community Charter School, Inc. reported $59,115 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $2,379 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 1.18% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in North Carolina (1,240th of 2,005), and 2,259th of 3,091 in educational services. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,986,725
Participants with balances262
Active participants202
Employer contributions$480,619
Employee contributions$668,374
Employer contribution per active participant$2,379
Average account balance$30,484
Benefits paid to participants$414,351
Plan auditUnmodified (clean) audit opinion
AuditorDMJPS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 262 accts · $481K emplr
2023$6.5M · 261 accts · $426K emplr
2022$5.0M · 227 accts · $406K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,713
Investment management$50,402
Total administrative$59,115
The Piedmont Community Charter School, Inc. 401(k) match · 2024
Employer contribution per active participant$2,379
Median for plans this size$1,313
2024$2,379 per active participant
2023$1,947 per active participant
2022$2,134 per active participant

Piedmont Community Charter School, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MAXUS PLANS SOLUTIONS · Recordkeeping$8,714
LINCOLN NATIONAL CORP · Contract administrator$50,397

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024MAXUS PLANS SOLUTIONS
2023MAXUS PLANS SOLUTIONS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,115 · 0.82%
2023$57,308 · 0.99%
2022$63,171 · 1.18%
Similar plansEducational Services · North Carolina
Montreat College NC$9.7M · 0.27%
Bennett College NC$8.8M · 0.03%
Davidson Day School NC$6.6M · 0.58%
Union Academy NC$6.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562153586 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.