Plan Ledger DOL Form 5500 · updated monthly

Composite Resources, Inc.401(k)

COMPOSITE RESOURCES, INC. 401(K) PLAN · ROCKHILL, SC · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

Composite Resources, Inc. reported $29,301 in plan administrative expenses for 2022: 0.78% of average plan assets, above the peer median. Employer contributions averaged $2,324 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in South Carolina (630th of 807), and 12,042nd of 13,661 in manufacturing. In 2022, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,440,487
Participants with balances74
Active participants79
Employer contributions$183,622
Employee contributions$336,095
Employer contribution per active participant$2,324
Average account balance$46,493
Benefits paid to participants$433,491
Plan auditUnmodified (clean) audit opinion
AuditorPOTTER & COMPANY, PA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,853
Investment management$13,448
Total administrative$29,301
The Composite Resources, Inc. 401(k) match · 2022
Employer contribution per active participant$2,324
Median for plans this size$1,114

Composite Resources, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$29,301 · 0.78%
Similar plansManufacturing · South Carolina
Orian Rugs, Inc. SC$3.8M · 0.86%
Fraenkische USA LP SC$3.7M · 0.24%
Dove Technologies, Inc. SC$3.5M · 0.41%
Newbold Corporation SC$3.5M · 0.71%
Central Textiles, Inc. SC$3.1M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561846724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.