Plan Ledger DOL Form 5500 · updated monthly

Clement Rivers, LLP401(k)

CLEMENT RIVERS, LLP PROFIT SHARING AND SALARY DEFERRED PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Clement Rivers, LLP reported $50,883 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $5,184 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 0.03% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 214th-largest of 807 plans among South Carolina employers on file, and the 4,655th of 11,654 in professional & technical services. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 73 to 92 since 2022.

Plan summary
Net assets, end of year$25,740,986
Participants with balances114
Active participants92
Employer contributions$476,942
Employee contributions$592,871
Employer contribution per active participant$5,184
Average account balance$225,798
Benefits paid to participants$1,157,104
Plan auditUnmodified (clean) audit opinion
AuditorMOSS & YANTIS CPA PA
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 114 accts · $477K emplr
2023$21.7M · 105 accts · $445K emplr
2022$21.5M · 104 accts · $492K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,234
Investment management$38,649
Total administrative$50,883
The Clement Rivers, LLP 401(k) match · 2024
Employer contribution per active participant$5,184
Median for plans this size$2,416
2024$5,184 per active participant
2023$5,173 per active participant
2022$6,738 per active participant

Clement Rivers, LLP's 2024 employer contribution ran above the $2,416 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 · 20243
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$27,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,234
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,149

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$50,883 · 0.21%
2023$43,560 · 0.20%
2022$7,306 · 0.03%
Similar plansProfessional & Technical Services · South Carolina
McMillan Pazdan Smith, LLC SC$32.0M · 0.69%
Orbis Sibro, Inc. SC$31.8M · 0.40%
Websterrogers, LLP SC$23.7M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 570471590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.