Plan Ledger DOL Form 5500 · updated monthly

C.M. Tucker Lumber Companies, LLC401(k)

C.M. TUCKER LUMBER COMPANIES, LLC 401(K) SAVINGS AND RETIREMENT PLAN · PAGELAND, SC · plan year 2023

Reported admin expense ratio · 2023
0.38%

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

C.M. Tucker Lumber Companies, LLC reported $60,506 in plan administrative expenses for 2023: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,288 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 has held roughly steady near 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 300th-largest of 807 plans among South Carolina employers on file, and the 6,456th of 13,661 in manufacturing. In 2023, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,496,984
Participants with balances244
Active participants293
Employer contributions$377,403
Employee contributions$819,211
Employer contribution per active participant$1,288
Average account balance$71,709
Benefits paid to participants$386,849
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON SMITH & WIKE PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $236K emplr
2023$17.5M · 244 accts · $377K emplr
2022$14.2M · 236 accts · $339K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,914
Investment management$33,592
Total administrative$60,506
The C.M. Tucker Lumber Companies, LLC 401(k) match · 2023
Employer contribution per active participant$1,288
Median for plans this size$2,440
2023$1,288 per active participant
2022$1,112 per active participant

C.M. Tucker Lumber Companies, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ASCENSUS LLC · Recordkeeping$26,914
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$33,592

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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Administrative cost history3
2024Not separately reported
2023$60,506 · 0.38%
2022$61,642 · 0.39%
Same employer
Similar plansManufacturing · South Carolina
Southland Container Corp. SC$18.6M · 0.35%
3V Sigma USA Inc. SC$17.6M · 0.37%
Marcone Group SC$17.5M · 0.52%
Inman Mills SC$16.5M · 0.05%
Kiswire, Inc. SC$16.5M · 0.67%
Boysen USA, LLC SC$16.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320006512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.