Plan Ledger DOL Form 5500 · updated monthly

Prestonwood Country Club, Inc.401(k)

PRESTONWOOD COUNTRY CLUB, INC. 401(K) PLAN · CARY, 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

Prestonwood Country Club, Inc. reported $5,413 in plan administrative expenses for 2022: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,230 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in North Carolina (1,354th of 2,005), and 857th of 1,311 in arts, entertainment & recreation. In 2022, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,277,333
Participants with balances99
Active participants151
Employer contributions$185,717
Employee contributions$293,117
Employer contribution per active participant$1,230
Average account balance$63,407
Benefits paid to participants$302,492
Plan auditUnmodified (clean) audit opinion
AuditorHUGHES, PITTMAN & GUPTON LLP
The Prestonwood Country Club, Inc. 401(k) match · 2022
Employer contribution per active participant$1,230
Median for plans this size$1,114

Prestonwood Country Club, Inc.'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.

Administrative cost history1
2022$5,413 · 0.08%
Same employer
Similar plansArts, Entertainment & Recreation · North Carolina
Myers Park Country Club NC$6.5M · 0.74%
Mint Museum of Art, Inc. NC$5.9M · 0.23%
Discovery Place, Inc. NC$5.9M · 0.79%
Greensboro Country Club NC$5.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561750016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.