Plan Ledger DOL Form 5500 · updated monthly

Bid Group Holdings (US) Inc.DC plan

BID GROUP HOLDINGS (US) INC. 401K PLAN · SAINT GEORGE, SC · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Bid Group Holdings (US) Inc. reported $92,524 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,228 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 0.340%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 194th-largest of 807 plans among South Carolina employers on file, and the 4,667th of 13,661 in manufacturing. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has shrunk from 1,106 to 883 since 2022.

Plan summary
Net assets, end of year$28,488,334
Participants with balances573
Active participants883
Employer contributions$1,084,691
Employee contributions$2,471,653
Employer contribution per active participant$1,228
Average account balance$49,718
Benefits paid to participants$4,716,638
Plan auditUnmodified (clean) audit opinion
AuditorWEBSTERROGERS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.5M · 573 accts · $1.1M emplr
2023$25.9M · 789 accts · $1.3M emplr
2022$17.2M · 616 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,384
Investment management$140
Total administrative$92,524
Employer contributions to the Bid Group Holdings (US) Inc. plan · 2024
Employer contribution per active participant$1,228
Median for plans this size$2,416
2024$1,228 per active participant
2023$1,104 per active participant
2022$925 per active participant

Bid Group Holdings (US) Inc.'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$33,865

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$92,524 · 0.34%
2023$187,230 · 0.87%
2022$62,097 · 0.34%
Same employer
Similar plansManufacturing · South Carolina
Devro, Inc. SC$31.5M · 0.13%
Oliver Rubber Company LLC SC$30.4M · 0.06%
Gower Corporation SC$30.0M · 0.29%
Tietex International LTD SC$28.9M · 0.08%
Staubli Corporation SC$28.4M · 0.00%
Ortec, Inc. SC$27.8M · 0.11%
Gmi Holding, Inc. SC$27.1M · 0.21%
The Reynolds Company SC$25.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474848512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.