Plan Ledger DOL Form 5500 · updated monthly

Eastern Vault Company, Inc.401(k)

EASTERN VAULT CO INC SUBSIDIARY 401(K) RET PLAN · GREENVILLE, SC · plan year 2022

Reported admin expense ratio · 2022
1.06%

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

Eastern Vault Company, Inc. reported $26,523 in plan administrative expenses for 2022: 1.06% of average plan assets, higher than ~75% of peers. Employer contributions averaged $384 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 1 year on file its reported administrative ratio rose from 1.06% to 1.49%. 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 (673rd of 807), and 12,486th of 13,661 in manufacturing. In 2022, employees put in $3.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,651,032
Participants with balances125
Active participants353
Employer contributions$135,699
Employee contributions$457,827
Employer contribution per active participant$384
Average account balance$21,208
Benefits paid to participants$303,581
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.4M · 74 accts · $193K emplr
2022$2.7M · 125 accts · $136K emplr
The Eastern Vault Company, Inc. 401(k) match · 2022
Employer contribution per active participant$384
Median for plans this size$1,114

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

Administrative cost history2
2023$30,275 · 1.49%
2022$26,523 · 1.06%
Similar plansManufacturing · South Carolina
Central Textiles, Inc. SC$3.1M · 0.34%
Healthcare Sc, LLC SC$2.9M · 2.00%
Pac Tell Group Inc SC$2.7M · 0.36%
Anchor Sign, Inc. SC$2.5M · 0.48%
Sun Fiber, LLC SC$2.4M · 2.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550520255 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.