Plan Ledger DOL Form 5500 · updated monthly

Allied Crawford Steel, Inc.401(k)

ALLIED CRAWFORD STEEL, INC. 401(K) RETIREMENT PLAN · NORTH CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
1.16%

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

Allied Crawford Steel, Inc. reported $19,105 in plan administrative expenses for 2024: 1.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $168 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 0.72% to 1.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in South Carolina (703rd of 807), and 4,053rd of 4,246 in wholesale trade. In 2024, employees put in $5.00 for every $1.00 the employer contributed; active participation has grown from 395 to 437 since 2022.

Plan summary
Net assets, end of year$1,894,535
Participants with balances160
Active participants437
Employer contributions$73,563
Employee contributions$367,992
Employer contribution per active participant$168
Average account balance$11,841
Benefits paid to participants$123,697
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 160 accts · $74K emplr
2023$1.4M · 138 accts · $60K emplr
2022$944K · 126 accts · $52K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,105
Total administrative$19,105
The Allied Crawford Steel, Inc. 401(k) match · 2024
Employer contribution per active participant$168
Median for plans this size$1,313
2024$168 per active participant
2023$149 per active participant
2022$132 per active participant

Allied Crawford Steel, Inc.'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
OSAIC WEALTH, INC. · Investment advisory (plan)$8,139

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$19,105 · 1.16%
2023$15,371 · 1.31%
2022$7,773 · 0.72%
Similar plansWholesale Trade · South Carolina
Marolina Outdoor Inc. SC$3.6M · 0.13%
Cans Unlimited Inc. SC$3.4M · 0.10%
Formel D USA, Inc. SC$2.9M · 1.69%
Ksm Electronics, Inc. FL$1.9M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980168160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.