Plan Ledger DOL Form 5500 · updated monthly

Brittain Resorts & Hotels LLC401(k)

BRITTAIN RESORTS & HOTELS 401 (K) PLAN · MYRTLE BEACH, SC · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Brittain Resorts & Hotels LLC reported $61,378 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $652 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 0.82% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Carolina (440th of 807), and the 601st of 2,240 in accommodation & food services. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 364 to 542 since 2022.

Plan summary
Net assets, end of year$9,230,910
Participants with balances208
Active participants542
Employer contributions$353,277
Employee contributions$622,570
Employer contribution per active participant$652
Average account balance$44,379
Benefits paid to participants$335,509
Plan auditUnmodified (clean) audit opinion
AuditorSMITH SAPP, PA
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 208 accts · $353K emplr
2023$7.6M · 182 accts · $295K emplr
2022$6.1M · 178 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,547
Investment management$31,831
Total administrative$61,378
The Brittain Resorts & Hotels LLC 401(k) match · 2024
Employer contribution per active participant$652
Median for plans this size$1,313
2024$652 per active participant
2023$569 per active participant
2022$722 per active participant

Brittain Resorts & Hotels LLC'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.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$29,547
WELLTH ADVISORY SERVICES, LLC · Consulting · Investment advisory (plan)$20,811
SMITH SAPP PROFESSIONAL ASSOCIATION · Accounting / audit$11,020

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$61,378 · 0.73%
2023$57,045 · 0.83%
2022$60,101 · 0.82%
Same employer
Similar plansAccommodation & Food Services · South Carolina
Belmond USA Inc. SC$22.2M · 0.28%
Orr Company Inc. SC$7.6M · 0.00%
Sensor Enterprises, Inc. SC$6.1M · 1.07%
Ch Employees, LLC SC$5.4M · 1.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208927856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.