Plan Ledger DOL Form 5500 · updated monthly

Robeson Health Care Corporation403(b)

ROBESON HEALTH CARE CORPORATION RETIREMENT SAVINGS PLAN · PEMBROKE, NC · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Robeson Health Care Corporation reported $26,688 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $753 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 3 years on file its reported administrative ratio has held roughly steady near 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,216th of 2,005), and 6,306th of 11,911 in health care & social assistance. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 367 to 432 since 2022.

Plan summary
Net assets, end of year$8,342,941
Participants with balances180
Active participants432
Employer contributions$325,454
Employee contributions$535,661
Employer contribution per active participant$753
Average account balance$46,350
Benefits paid to participants$1,568,085
Plan auditDisclaimer of opinion
AuditorS PRESTON DOUGLAS & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 180 accts · $325K emplr
2023$8.1M · 177 accts · $293K emplr
2022$7.7M · 173 accts · $293K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,688
Total administrative$26,688
Employer contributions to the Robeson Health Care Corporation plan · 2024
Employer contribution per active participant$753
Median for plans this size$1,313
2024$753 per active participant
2023$722 per active participant
2022$798 per active participant

Robeson Health Care Corporation's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$26,688
OSAIC WEALTH INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$26,688 · 0.32%
2023$27,353 · 0.34%
2022$23,777 · 0.34%
Similar plansHealth Care & Social Assistance · North Carolina
Ridge Care NC$8.9M · 0.38%
Trinity Rehab, LLC NC$8.7M · 0.64%
Healthgram, Inc. NC$8.4M · 0.80%
Life, Inc. NC$8.3M · 0.52%
Mako Medical Laboratories NC$8.1M · 0.55%
Port Health Services NC$7.9M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581622664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.