Plan Ledger DOL Form 5500 · updated monthly

Collum's Administration and Maintenance Company, LLC401(k)

COLLUM'S ADMINISTRATION & MAINTENANCE COMPANY, LLC 401(K) PROFIT SHARING PLAN · ALLENDALE, SC · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Collum's Administration and Maintenance Company, LLC reported $64,711 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $4,054 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 0.40% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 286th-largest of 807 plans among South Carolina employers on file, and the 271st of 945 in agriculture, forestry & fishing. In 2024, the employer put in $1.65 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$18,393,155
Participants with balances169
Active participants148
Employer contributions$600,000
Employee contributions$364,658
Employer contribution per active participant$4,054
Average account balance$108,835
Benefits paid to participants$420,682
Plan auditUnmodified (clean) audit opinion
AuditorSUGGSJOHNSON, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 169 accts · $600K emplr
2023$16.9M · 169 accts · $1.0M emplr
2022$14.9M · 165 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,492
Trustee / custodial$8,219
Total administrative$64,711
The Collum's Administration and Maintenance Company, LLC 401(k) match · 2024
Employer contribution per active participant$4,054
Median for plans this size$2,416
2024$4,054 per active participant
2023$6,667 per active participant
2022$10,320 per active participant

Collum's Administration and Maintenance Company, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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
SYNOVUS TRUST COMPANY, NA · Recordkeeping · Trustee$44,190
AMERITAS · Claims processing · Contract administrator$12,302
CHARLES SCHWAB TRUST BANK · Custodial (securities)$8,219

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

Recordkeeper by year2
2024Ameritas, SYNOVUS TRUST COMPANY, NA
2023Ameritas, SYNOVUS TRUST COMPANY, NA

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Administrative cost history3
2024$64,711 · 0.37%
2023$61,139 · 0.39%
2022$58,625 · 0.40%
Same employer
Similar plansAgriculture, Forestry & Fishing · South Carolina
Pure Fishing, Inc SC$89.0M · 0.17%
Canal Wood, LLC SC$21.5M · 0.24%
Arborgen Inc. SC$16.1M · 0.37%
Walter P. Rawl & Sons, Inc. SC$14.0M · 0.67%
Patten Seed Company SC$12.7M · 0.33%
Rei Automation, Inc. SC$4.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010679228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.