Plan Ledger DOL Form 5500 · updated monthly

Atlantic Building Components & Services, Inc401(k)

ATLANTIC BUILDING COMPONENTS & SERVICES, INC 401K PROFIT SHARING PLAN · MONCKS CORNER, SC · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Atlantic Building Components & Services, Inc reported $3,300 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $880 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 0.16% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in South Carolina (480th of 807), and 3,055th of 5,215 in retail trade. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 259 to 348 since 2022.

Plan summary
Net assets, end of year$7,962,146
Participants with balances149
Active participants348
Employer contributions$306,396
Employee contributions$507,646
Employer contribution per active participant$880
Average account balance$53,437
Benefits paid to participants$804,353
Plan auditUnmodified (clean) audit opinion
AuditorMOSS & YANTIS CPA PA
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 149 accts · $306K emplr
2023$7.0M · 133 accts · $280K emplr
2022$5.7M · 150 accts · $273K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,300
Total administrative$3,300
The Atlantic Building Components & Services, Inc 401(k) match · 2024
Employer contribution per active participant$880
Median for plans this size$1,313
2024$880 per active participant
2023$918 per active participant
2022$1,055 per active participant

Atlantic Building Components & Services, Inc's 2024 employer contribution ran below 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.

Administrative cost history3
2024$3,300 · 0.04%
2023$5,918 · 0.09%
2022$9,187 · 0.16%
Same employer
Similar plansRetail Trade · South Carolina
Love Auto Group SC$8.8M · 0.94%
Soc LLC SC$8.5M · 0.77%
The Parrott Group, Inc. SC$8.1M · 0.72%
Jupiter Holdings, LLC SC$7.6M · 0.62%
Fogle's, Inc. SC$7.4M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571105490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.