Plan Ledger DOL Form 5500 · updated monthly

Transylvania Vocational Services, Inc.401(k)

TRANSYLVANIA VOCATIONAL SERVICES, INC. 401(K) PLAN · BREVARD, NC · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Transylvania Vocational Services, Inc. reported $19,854 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $1,205 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 0.41% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,631st of 2,005), and 10,426th of 11,654 in professional & technical services. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,293,821
Participants with balances135
Active participants201
Employer contributions$242,174
Employee contributions$406,814
Employer contribution per active participant$1,205
Average account balance$24,399
Benefits paid to participants$258,519
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 135 accts · $242K emplr
2023$2.5M · $88K emplr
2022$2.2M · 103 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,808
Investment management$5,046
Total administrative$19,854
The Transylvania Vocational Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,205
Median for plans this size$1,313
2024$1,205 per active participant
2022$1,002 per active participant

Transylvania Vocational Services, Inc.'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 · 20242
PAYCHEX, INC. · Recordkeeping$10,342
OSAIC WEALTH, INC. · Investment advisory (participants)$5,046

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$19,854 · 0.68%
2023$756 · 0.03%
2022$7,623 · 0.41%
Similar plansProfessional & Technical Services · North Carolina
L & E Research, Inc. NC$3.6M · 1.08%
Petfolk Inc. NC$3.5M · 0.47%
Tands Inc. NC$3.4M · 0.02%
Avadim Holdings, Inc. NC$3.3M · 1.08%
B&W Fiberglass, Inc. NC$2.9M · 0.59%
Stridebio, Inc. NC$2.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561261616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.