Retirement plan

NORTH CAROLINA CENTER FOR NONPROFIT ORG, INC. 401(K) PLAN

Name: NORTH CAROLINA CENTER FOR NON PROFIT ORGANIZATIONS - NORTH CAROLINA CENTER FOR NONPROFIT ORG, INC. 401(K) PLAN (2023) Form 5500
Creator: NORTH CAROLINA CENTER FOR NON PROFIT ORGANIZATIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH CAROLINA CENTER FOR NONPROFIT ORG, INC. 401(K) PLAN, NORTH CAROLINA CENTER FOR NON PROFIT ORGANIZATIONS

NORTH CAROLINA CENTER FOR NON PROFIT ORGANIZATIONSEIN 56-1729407Plan #002PY 2023

5800 FARINGDON PL. - RALEIGH, NC 27609919-790-1555LinkedIn1-10 employeesinternational trade and development

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$2.5M

+0.9% from 2022

Total participants

116

+157.8% from 2022

Average account balance

$24,482

-56.3% from 2022

Annual return

27.28%

+39.13 pp from 2022

Benchmarks

See 107 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Cohort107 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$3.24M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$28K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

115

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$807K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+19.72%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$5490

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2G

Plan features

2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$1.3M

$13621 / participant

Other / not subdivided$1M100.0%

% of EOY assets

52.960%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,482

$60,243-59.4%

$86,640-71.7%

Participation rate

87.9%

60.8%+27.1pp

71.7%+16.2pp

Annual return

27.28%

59.27%-32.0pp

592.52%-565.2pp

Employer contribution / active EE

$2,519

$2,261+11.4%

$3,024-16.7%

Participant deferral / active EE

$4,226

$2,994+41.2%

$4,438-4.8%

Admin fee / account holder

$12,966

$4,652+178.7%

$5,616+130.9%

NORTH CAROLINA CENTER FOR NONPROFIT ORG, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTH CAROLINA CENTER FOR NONPROFIT ORG, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion