Plan Ledger DOL Form 5500 · updated monthly

Port Health Services401(k)

PORT HEALTH SERVICES 401(K) PLAN · GREENVILLE, NC · plan year 2022

Reported admin expense ratio · 2022
0.49%

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

Port Health Services reported $37,476 in plan administrative expenses for 2022: 0.49% of average plan assets, above the peer median. Employer contributions averaged $1,347 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 1 year on file its reported administrative ratio rose from 0.49% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,244th of 2,005), and 6,492nd of 11,911 in health care & social assistance. In 2022, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,918,506
Participants with balances237
Active participants235
Employer contributions$316,580
Employee contributions$591,375
Employer contribution per active participant$1,347
Average account balance$33,411
Benefits paid to participants$1,048,391
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $10K emplr
2023$7.1M · 215 accts · $296K emplr
2022$7.9M · 237 accts · $317K emplr
The Port Health Services 401(k) match · 2022
Employer contribution per active participant$1,347
Median for plans this size$1,114
2023$1,198 per active participant
2022$1,347 per active participant

Port Health Services's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024Not separately reported
2023$39,767 · 0.53%
2022$37,476 · 0.49%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Life, Inc. NC$8.3M · 0.52%
Mako Medical Laboratories NC$8.1M · 0.55%
Fmbcnc, LLC NC$7.4M · 0.30%
St. Luke's Hospital, Inc. NC$7.3M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200287545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.