Plan Ledger DOL Form 5500 · updated monthly

Companion Professional Services, LLC401(k)

COMPANION PROFESSIONAL SERVICES, LLC DBA TM FLOYD & COMPANY 401(K) RETIREMENT PLAN · COLUMBIA, SC · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Companion Professional Services, LLC reported $41,184 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,107 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 3 years on file its reported administrative ratio has held roughly steady near 0.19%. 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 237th-largest of 807 plans among South Carolina employers on file, and the 5,033rd of 11,654 in professional & technical services. In 2024, employees put in $6.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,146,939
Participants with balances179
Active participants176
Employer contributions$194,812
Employee contributions$1,290,749
Employer contribution per active participant$1,107
Average account balance$129,313
Benefits paid to participants$3,305,752
Plan auditUnmodified (clean) audit opinion
AuditorDAVIS AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 179 accts · $195K emplr
2023$20.1M · 196 accts · $172K emplr
2022$16.7M · 181 accts · $152K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,461
Investment management$4,555
Total administrative$41,184
The Companion Professional Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,107
Median for plans this size$2,416
2024$1,107 per active participant
2023$894 per active participant
2022$829 per active participant

Companion Professional Services, LLC's 2024 employer contribution ran below the $2,416 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$18
WILSHIRE ASSOCIATES INC(USA) · Investment advisory (participants)$4,555

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$41,184 · 0.19%
2023$38,363 · 0.21%
2022$36,411 · 0.20%
Same employer
Similar plansProfessional & Technical Services · South Carolina
Clement Rivers, LLP SC$25.7M · 0.21%
Websterrogers, LLP SC$23.7M · 0.11%
Nexgen Data Systems, Inc. SC$22.8M · 0.53%
Peoplease LLC SC$22.8M · 1.43%
Clawson & Staubes, LLC SC$21.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582375610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.