Plan Ledger DOL Form 5500 · updated monthly

Western North Carolina Community Health Services, Inc.403(b)

WESTERN NORTH CAROLINA COMMUNITY HEALTH SERVICES 403(B) RETIREMENT PLAN · ASHEVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Western North Carolina Community Health Services, Inc. reported $66,288 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $2,035 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 0.82%. 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 (1,179th of 2,005), and 6,061st of 11,911 in health care & social assistance. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,999,996
Participants with balances212
Active participants217
Employer contributions$441,581
Employee contributions$863,571
Employer contribution per active participant$2,035
Average account balance$42,453
Benefits paid to participants$1,330,687
Plan auditUnmodified (clean) audit opinion
AuditorTERRY L HORNE CPA
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 212 accts · $442K emplr
2023$7.1M · 221 accts · $413K emplr
2022$5.4M · 200 accts · $156K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,288
Total administrative$66,288
Employer contributions to the Western North Carolina Community Health Services, Inc. plan · 2024
Employer contribution per active participant$2,035
Median for plans this size$1,313
2024$2,035 per active participant
2023$1,607 per active participant
2022$671 per active participant

Western North Carolina Community Health Services, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$66,421
NOVA 401(K) ASSOCIATES · Contract administrator · Other servicesindirect comp
COLTON GROOME FINANICAL ADVISORS, L · 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$66,288 · 0.82%
2023$56,973 · 0.91%
2022$48,113 · 0.85%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Carolina Village, Inc. NC$9.1M · 0.80%
Maryfield, Inc. NC$9.0M · 0.09%
Ridge Care NC$8.9M · 0.38%
Trinity Rehab, LLC NC$8.7M · 0.64%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561852922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.