Plan Ledger DOL Form 5500 · updated monthly

Centraarchy Restaurant Management Corp401(k)

VISION RETIREMENT PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Centraarchy Restaurant Management Corp reported $22,098 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $280 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 0.16% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 367th-largest of 807 plans among South Carolina employers on file, and the 846th of 2,534 in administrative & support services. In 2024, employees put in $3.70 for every $1.00 the employer contributed; active participation has shrunk from 747 to 620 since 2022.

Plan summary
Net assets, end of year$13,072,856
Participants with balances464
Active participants620
Employer contributions$173,366
Employee contributions$640,907
Employer contribution per active participant$280
Average account balance$28,174
Benefits paid to participants$1,350,557
Plan auditUnmodified (clean) audit opinion
AuditorMCNAIR, MCLEMORE, MIDDLEBROOKS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 464 accts · $173K emplr
2023$11.9M · 442 accts · $163K emplr
2022$10.3M · 441 accts · $211K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,098
Total administrative$22,098
The Centraarchy Restaurant Management Corp 401(k) match · 2024
Employer contribution per active participant$280
Median for plans this size$2,416
2024$280 per active participant
2023$201 per active participant
2022$282 per active participant

Centraarchy Restaurant Management Corp'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 · 20245
JP MORGAN SECURITIES LLC · Investment advisory (plan)$31,963
FUTUREPLAN BY ASCENSUS · Contract administrator$7,723
EMPOWER ADVISORY GROUP, LLC · Investment management$2,763
ASCENSUS 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$22,098 · 0.18%
2023$23,390 · 0.21%
2022$19,415 · 0.16%
Same employer
Similar plansAdministrative & Support Services · South Carolina
Williams & Fudge, Inc. SC$26.2M · 0.15%
Amarok, LLC SC$19.3M · 0.45%
Technica LLC SC$16.6M · 1.31%
Gc Avantech, LLC SC$13.6M · 0.49%
Value Added Solutions, Inc. SC$11.9M · 0.63%
Find Great People, LLC SC$8.8M · 0.32%
Ih Services, Inc. SC$6.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581535544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.