Plan Ledger DOL Form 5500 · updated monthly

Buy Sod USA, LLC401(k)

BUY SOD USA, LLC 401(K) PLAN · PINEHURST, NC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Buy Sod USA, LLC reported $2,814 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,320 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 0.23% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in North Carolina (1,541st of 2,005), and 3,760th of 4,246 in wholesale trade. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 162 to 138 since 2022.

Plan summary
Net assets, end of year$4,181,595
Participants with balances111
Active participants138
Employer contributions$182,215
Employee contributions$332,094
Employer contribution per active participant$1,320
Average account balance$37,672
Benefits paid to participants$363,925
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 111 accts · $182K emplr
2023$3.6M · 110 accts · $224K emplr
2022$2.8M · 111 accts · $128K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,814
Total administrative$2,814
The Buy Sod USA, LLC 401(k) match · 2024
Employer contribution per active participant$1,320
Median for plans this size$1,313
2024$1,320 per active participant
2023$1,193 per active participant
2022$793 per active participant

Buy Sod USA, LLC's 2024 employer contribution ran above 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
BLUE ROCK WEALTH MGMT DBA THREE MAG · Investment advisory (plan)$5,061
CREATIVE RETIREMENT SYSTEMS, INC. · Contract administrator$1,500

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$2,814 · 0.07%
2023$7,201 · 0.23%
2022$7,109 · 0.23%
Same employer
Similar plansWholesale Trade · North Carolina
Brookwood Farms, Inc NC$4.4M · 0.14%
Rowley Company, LLC NC$4.4M · 0.80%
High Tower Group, LLC NC$4.3M · 0.57%
Afg Distribution Inc NC$4.3M · 0.60%
Keywell Metals, LLC NC$4.2M · 0.06%
Rhenus Automotive US, LLC NC$4.1M · 0.76%
Dma Holdings, Inc. NC$3.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811240597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.