Plan Ledger DOL Form 5500 · updated monthly

Therapeutic Alternatives Inc.401(k)

THERAPEUTIC ALTERNATIVES INC. 401K PLAN · RANDLEMAN, NC · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Therapeutic Alternatives Inc. reported $4,981 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $29 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 rose from 0.17% to 0.22%. 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 (1,726th of 2,005), and 9,668th of 11,911 in health care & social assistance. In 2024, employees put in $3.35 for every $1.00 the employer contributed; active participation has grown from 2,495 to 3,011 since 2022.

Plan summary
Net assets, end of year$2,469,371
Participants with balances304
Active participants3,011
Employer contributions$88,464
Employee contributions$295,924
Employer contribution per active participant$29
Average account balance$8,123
Benefits paid to participants$175,902
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 304 accts · $88K emplr
2023$2.1M · 330 accts · $64K emplr
2022$1.7M · 311 accts · $62K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,981
Total administrative$4,981
The Therapeutic Alternatives Inc. 401(k) match · 2024
Employer contribution per active participant$29
Median for plans this size$1,313
2024$29 per active participant
2023$23 per active participant
2022$25 per active participant

Therapeutic Alternatives Inc.'s 2024 employer contribution ran below the $1,313 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$4,981

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,981 · 0.22%
2023$2,880 · 0.15%
2022$3,056 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Eliada Homes, Inc. NC$2.5M · 0.67%
Comserv Inc. NC$2.2M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561960076 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.