Plan Ledger DOL Form 5500 · updated monthly

Century III, Inc.401(k)

CENTURY III, INC. RETIREMENT TRUST · GREER, SC · plan year 2024

Reported admin expense ratio · 2024
1.08%

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

Century III, Inc. reported $90,144 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,833 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 1.18% to 1.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in South Carolina (434th of 807), and 3,178th of 5,337 in construction. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 141 to 189 since 2022.

Plan summary
Net assets, end of year$9,434,179
Participants with balances150
Active participants189
Employer contributions$535,363
Employee contributions$1,229,633
Employer contribution per active participant$2,833
Average account balance$62,895
Benefits paid to participants$919,889
Plan auditUnmodified (clean) audit opinion
AuditorPOWDERLY VUCHNICH PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 150 accts · $535K emplr
2023$7.3M · 126 accts · $391K emplr
2022$5.5M · 129 accts · $345K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,901
Investment management$65,243
Total administrative$90,144
The Century III, Inc. 401(k) match · 2024
Employer contribution per active participant$2,833
Median for plans this size$1,313
2024$2,833 per active participant
2023$2,678 per active participant
2022$2,447 per active participant

Century III, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
FISHER ASSET MANAGEMENT LLC FISHER · Investment advisory (plan)$65,243

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$90,144 · 1.08%
2023$50,949 · 0.79%
2022$70,186 · 1.18%
Similar plansConstruction · South Carolina
Palmetto Corp of Conway SC$13.0M · 1.13%
Renfrow Brothers, Inc. SC$7.9M · 0.72%
Atlantic Electric, LLC SC$7.6M · 0.08%
Doc Maintenance, Inc. SC$6.4M · 0.78%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 570650616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.