PINEHURST MEDICAL CLINIC, INC. 401(K) PROFIT SHARING PLAN · PINEHURST, NC · plan year 2024
Reported admin expense ratio · 2024
0.14%
Peer grade: B+· admin costs + employer contributions vs same-size plans · how grading works
Pinehurst Medical Clinic, Inc. reported $195,624 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $7,212 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 0.15% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 151st-largest of 2,005 plans among North Carolina employers on file, and the 781st of 11,911 in health care & social assistance. In 2024, the employer put in $1.47 for every $1.00 employees contributed themselves; active participation has grown from 721 to 823 since 2022.
Plan summary
Net assets, end of year$152,874,452
Participants with balances1,200
Active participants823
Employer contributions$5,935,309
Employee contributions$4,044,295
Employer contribution per active participant$7,212
The Pinehurst Medical Clinic, Inc. 401(k) match · 2024
Employer contribution per active participant$7,212
Median for plans this size$3,635
2024$7,212 per active participant
2023$6,614 per active participant
2022$6,438 per active participant
Pinehurst Medical Clinic, Inc.'s 2024 employer contribution ran above the $3,635 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 560942980 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.