Plan Ledger DOL Form 5500 · updated monthly

Applegreen Companies401(k)

APPLEGREEN US RETIREMENT PLAN · LEXINGTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Applegreen Companies reported $148,501 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $135 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 0.16% to 0.81%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 270th-largest of 807 plans among South Carolina employers on file, and the 1,441st of 5,215 in retail trade. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 3,913 to 11,315 since 2022.

Plan summary
Net assets, end of year$20,255,979
Participants with balances990
Active participants11,315
Employer contributions$1,527,705
Employee contributions$3,326,160
Employer contribution per active participant$135
Average account balance$20,461
Benefits paid to participants$3,385,763
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEY SABOL & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 990 accts · $1.5M emplr
2023$16.3M · 717 accts · $1.2M emplr
2022$12.3M · 586 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,651
Investment management$44,850
Total administrative$148,501
The Applegreen Companies 401(k) match · 2024
Employer contribution per active participant$135
Median for plans this size$2,416
2024$135 per active participant
2023$229 per active participant
2022$258 per active participant

Applegreen Companies's 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$103,651
MMA SECURITIES LLC · Investment advisory (plan)$44,850

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$148,501 · 0.81%
2023$43,990 · 0.31%
2022$18,418 · 0.16%
Similar plansRetail Trade · South Carolina
The Greenery, Inc. SC$40.7M · 0.13%
The Spinx Company, Inc. SC$39.3M · 0.61%
Dick Smith Automotive Group SC$28.5M · 0.10%
Jje Capital Holdings, LLC SC$23.3M · 0.44%
Bestdrive, LLC SC$16.0M · 0.25%
Basware Inc SC$15.9M · 0.50%
Venture Inc of Beaufort SC$15.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570744703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.