Plan Ledger DOL Form 5500 · updated monthly

Thompson Child & Family Focus401(k)

THOMPSON CHILD & FAMILY FOCUS 401(K) PLAN · MATTHEWS, NC · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Thompson Child & Family Focus reported $4,441 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $189 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 0.14% to 0.08%. 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 (1,362nd of 2,005), and 7,258th of 11,911 in health care & social assistance. In 2024, employees put in $3.18 for every $1.00 the employer contributed; active participation has grown from 353 to 403 since 2022.

Plan summary
Net assets, end of year$6,187,660
Participants with balances241
Active participants403
Employer contributions$76,153
Employee contributions$242,259
Employer contribution per active participant$189
Average account balance$25,675
Benefits paid to participants$325,875
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 241 accts · $76K emplr
2023$5.5M · 255 accts · $68K emplr
2022$4.7M · 257 accts · $63K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,441
Total administrative$4,441
The Thompson Child & Family Focus 401(k) match · 2024
Employer contribution per active participant$189
Median for plans this size$1,313
2024$189 per active participant
2023$173 per active participant
2022$178 per active participant

Thompson Child & Family Focus'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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$4,441

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$4,441 · 0.08%
2023$4,738 · 0.09%
2022$6,772 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Holy Angels, Inc. NC$6.4M · 1.21%
Candid Care Co. NC$6.2M · 0.07%
Hopeway Foundation NC$6.0M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560547460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.