Plan Ledger DOL Form 5500 · updated monthly

Retirement Living Associates, Inc.401(k)

RETIREMENT LIVING ASSOCIATES, INC. RETIREMENT PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Retirement Living Associates, Inc. reported $7,325 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $353 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 0.06% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 832nd-largest of 2,005 plans among North Carolina employers on file, and the 4,258th of 11,911 in health care & social assistance. In 2024, employees put in $5.02 for every $1.00 the employer contributed; active participation has shrunk from 494 to 433 since 2022.

Plan summary
Net assets, end of year$16,230,563
Participants with balances503
Active participants433
Employer contributions$153,051
Employee contributions$768,061
Employer contribution per active participant$353
Average account balance$32,268
Benefits paid to participants$1,155,625
Plan auditUnmodified (clean) audit opinion
AuditorMELISSA G. CRITCHER, CPA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 503 accts · $153K emplr
2023$14.2M · 535 accts · $198K emplr
2022$12.6M · 526 accts · $196K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,325
Total administrative$7,325
The Retirement Living Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$353
Median for plans this size$2,416
2024$353 per active participant
2023$459 per active participant
2022$398 per active participant

Retirement Living Associates, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$7,325

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$7,325 · 0.05%
2023$7,501 · 0.06%
2022$8,991 · 0.06%
Similar plansHealth Care & Social Assistance · North Carolina
Rowan Diagnostic Clinic, PA NC$16.2M · 0.53%
Goshen Medical Center, Inc. NC$16.2M · 0.32%
Carolina Meadows, Inc. NC$16.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561691421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.