Plan Ledger DOL Form 5500 · updated monthly

Brays Island Plantation Colony, Inc.401(k)

BRAYS ISLAND PLANTATION 401(K) PROFIT SHARING PLAN AND TRUST · SHELDON, SC · plan year 2022

Reported admin expense ratio · 2022
0.74%

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

Brays Island Plantation Colony, Inc. reported $38,323 in plan administrative expenses for 2022: 0.74% of average plan assets, above the peer median. Employer contributions averaged $1,005 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Carolina (589th of 807), and the 955th of 2,240 in accommodation & food services. In 2022, employees put in $2.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,437,747
Participants with balances98
Active participants121
Employer contributions$121,606
Employee contributions$364,174
Employer contribution per active participant$1,005
Average account balance$45,283
Benefits paid to participants$1,028,417
Plan auditUnmodified (clean) audit opinion
AuditorWEBSTER ROGERS LLP
Administrative expenses, itemized · 2022
Investment management$231
Total administrative$38,323
The Brays Island Plantation Colony, Inc. 401(k) match · 2022
Employer contribution per active participant$1,005
Median for plans this size$1,114

Brays Island Plantation Colony, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$38,323 · 0.74%
Same employer
Similar plansAccommodation & Food Services · South Carolina
Orr Company Inc. SC$7.6M · 0.00%
Sensor Enterprises, Inc. SC$6.1M · 1.07%
Ch Employees, LLC SC$5.4M · 1.31%
Cmac, Inc. SC$3.4M · 1.22%
Ro Ho Ho, Inc. SC$2.9M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 570877966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.