Commit Enterprises, Inc.401(k)
COMMIT ENTERPRISES, INC. 401(K) & PROFIT SHARING PLAN · SAINT HELENA ISLAND, SC · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Commit Enterprises, Inc. reported $67,915 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,174 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 0.56% to 0.51%. 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 327th-largest of 807 plans among South Carolina employers on file, and 6,463rd of 11,654 in professional & technical services. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 109 to 143 since 2022.
Commit Enterprises, Inc.'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 522345869 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.