Plan Ledger DOL Form 5500 · updated monthly

Credit Central, LLC401(k)

CREDIT CENTRAL, LLC 401(K) PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Credit Central, LLC reported $28,435 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $431 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 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in South Carolina (602nd of 807), and 4,517th of 4,798 in finance & insurance. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has shrunk from 497 to 417 since 2022.

Plan summary
Net assets, end of year$4,051,121
Participants with balances183
Active participants417
Employer contributions$179,542
Employee contributions$450,060
Employer contribution per active participant$431
Average account balance$22,137
Benefits paid to participants$380,269
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 183 accts · $180K emplr
2023$3.4M · 169 accts · $185K emplr
2022$2.7M · 166 accts · $186K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,435
Total administrative$28,435
The Credit Central, LLC 401(k) match · 2024
Employer contribution per active participant$431
Median for plans this size$1,313
2024$431 per active participant
2023$459 per active participant
2022$374 per active participant

Credit Central, LLC's 2024 employer contribution ran below the $1,313 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
PENTEGRA SERVICES, INC · Contract administrator$15,739

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

Administrative cost history3
2024$28,435 · 0.77%
2023$23,630 · 0.77%
2022$23,005 · 0.80%
Same employer
Similar plansFinance & Insurance · South Carolina
Mtc Federal Credit Union SC$8.1M · 0.80%
Community First Bank SC$7.5M · 0.48%
Arthur State Bank SC$6.8M · 0.25%
Lima One Capital, LLC SC$5.6M · 0.97%
Accessone Medcard, Inc. SC$3.7M · 0.65%
Sunset Management, Inc. SC$276K · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010651500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.