Plan Ledger DOL Form 5500 · updated monthly

Tri County Community Health Council, Inc. dba Commwell Health401(k)

EASY STREET 401(K) RETIREMENT PLAN · NEWTON GROVE, NC · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Tri County Community Health Council, Inc. dba Commwell Health reported $25,393 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $1,816 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 0.91% to 0.37%. 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 (1,261st of 2,005), and 6,597th of 11,911 in health care & social assistance. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,669,165
Participants with balances228
Active participants257
Employer contributions$466,744
Employee contributions$733,294
Employer contribution per active participant$1,816
Average account balance$33,637
Benefits paid to participants$539,325
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 228 accts · $467K emplr
2023$6.2M · 384 accts · $457K emplr
2022$4.6M · 349 accts · $423K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,267
Investment management$3,126
Total administrative$25,393
The Tri County Community Health Council, Inc. dba Commwell Health 401(k) match · 2024
Employer contribution per active participant$1,816
Median for plans this size$1,313
2024$1,816 per active participant
2023$1,801 per active participant
2022$1,733 per active participant

Tri County Community Health Council, Inc. dba Commwell Health's 2024 employer contribution ran above 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 · 20244
NATIONWIDE · Investment management$21,142
PROACCOUNT · Investment advisory (participants)$3,126
NATIONWIDE RETIREMENT PLANS · Investment management$1,125
LPL FINANCIAL LLC · Investment advisory (participants)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$25,393 · 0.37%
2023$44,664 · 0.83%
2022$41,866 · 0.91%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Life, Inc. NC$8.3M · 0.52%
Mako Medical Laboratories NC$8.1M · 0.55%
Port Health Services NC$7.9M · 0.49%
Fmbcnc, LLC NC$7.4M · 0.30%
St. Luke's Hospital, Inc. NC$7.3M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581319204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.