Plan Ledger DOL Form 5500 · updated monthly

Ch Employees, LLC401(k)

CHARLESTOWNE HOTELS, INC. 401(K) PLAN · MOUNT PLEASANT, SC · plan year 2024

Reported admin expense ratio · 2024
1.31%

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

Ch Employees, LLC reported $56,302 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $240 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 0.84% to 1.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Carolina (562nd of 807), and the 844th of 2,240 in accommodation & food services. In 2024, employees put in $3.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,355,760
Participants with balances292
Active participants1,302
Employer contributions$313,017
Employee contributions$1,019,385
Employer contribution per active participant$240
Average account balance$18,342
Benefits paid to participants$244,996
Plan auditUnmodified (clean) audit opinion
AuditorDCPAS, LLC DBA DAVIS & COMPANY CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 292 accts · $313K emplr
2023$3.3M · 227 accts · $298K emplr
2022$1.9M · 222 accts · $91K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,886
Investment management$24,416
Total administrative$56,302
The Ch Employees, LLC 401(k) match · 2024
Employer contribution per active participant$240
Median for plans this size$1,313
2024$240 per active participant
2023$238 per active participant
2022$75 per active participant

Ch Employees, LLC's 2024 employer contribution ran below the $1,313 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$35,168
OSAAIC WEALTH, INC. · Investment advisory (participants)$23,146

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,302 · 1.31%
2023$35,003 · 1.35%
2022$15,326 · 0.84%
Similar plansAccommodation & Food Services · South Carolina
Orr Company Inc. SC$7.6M · 0.00%
Sensor Enterprises, Inc. SC$6.1M · 1.07%
Cmac, Inc. SC$3.4M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810870005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.