Plan Ledger DOL Form 5500 · updated monthly

Cravco III, LLC401(k)

CRAVCO III, LLC 401(K) PLAN · SENECA, SC · plan year 2022

Reported admin expense ratio · 2022
3.00%

Cravco III, LLC reported $2,724 in plan administrative expenses for 2022: 3.00% of average plan assets, higher than ~90% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Carolina (801st of 807), and 2,116th of 2,240 in accommodation & food services. In 2022, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$124,282
Participants with balances11
Active participants0
Employer contributions$33,270
Employee contributions$66,144
Employer contribution per active participant—
Average account balance$11,298
Benefits paid to participants$17,440
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK ASKEW & CO., LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,724
Total administrative$2,724
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$2,724 · 3.00%
Similar plansAccommodation & Food Services · South Carolina
Seaside Inn Rentals, LLC SC$149K · 1.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271594972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.