Plan Ledger DOL Form 5500 · updated monthly

Carolina Eastern Incorporated401(k)

CAROLINA EASTERN, INC. 401(K) PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Carolina Eastern Incorporated reported $62,168 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $0 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 rose from 0.28% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 261st-largest of 807 plans among South Carolina employers on file, and the 1,824th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$20,845,248
Participants with balances174
Active participants373
Employer contributions$0
Employee contributions$1,073,099
Employer contribution per active participant$0
Average account balance$119,800
Benefits paid to participants$779,009
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 174 accts
2023$17.6M · 184 accts
2022$15.2M · 184 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,830
Investment management$6,338
Total administrative$62,168
The Carolina Eastern Incorporated 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Carolina Eastern Incorporated'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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$6,338
OSAIC WEALTH INCindirect comp

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$62,168 · 0.32%
2023$51,105 · 0.31%
2022$47,250 · 0.28%
Same employer
Similar plansWholesale Trade · South Carolina
Le Creuset of America, Inc. SC$27.2M · 0.58%
Gerber Childrenswear LLC SC$21.8M · 0.20%
Quoizel, LLC SC$19.3M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570551056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.