Plan Ledger DOL Form 5500 · updated monthly

Eldeco, Inc.401(k)

ELDECO, INC. 401(K) PROFIT SHARING PLAN & TRUST · GREENVILLE, SC · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Eldeco, Inc. reported $24,819 in plan administrative expenses for 2023: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,714 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 fell from 0.24% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 324th-largest of 807 plans among South Carolina employers on file, and the 2,362nd of 5,337 in construction. In 2023, employees put in $1.34 for every $1.00 the employer contributed; active participation has grown from 460 to 507 since 2022.

Plan summary
Net assets, end of year$15,895,143
Participants with balances378
Active participants507
Employer contributions$868,797
Employee contributions$1,162,516
Employer contribution per active participant$1,714
Average account balance$42,051
Benefits paid to participants$1,698,749
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $288K emplr
2023$15.9M · 378 accts · $869K emplr
2022$13.3M · 195 accts · $337K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,304
Investment management$20,019
Trustee / custodial$1,496
Total administrative$24,819
The Eldeco, Inc. 401(k) match · 2023
Employer contribution per active participant$1,714
Median for plans this size$2,440
2023$1,714 per active participant
2022$732 per active participant

Eldeco, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$30,000
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$4,799

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

Administrative cost history3
2024Not separately reported
2023$24,819 · 0.17%
2022$34,838 · 0.24%
Same employer
Similar plansConstruction · South Carolina
Greenwood, Inc. SC$20.9M · 0.40%
Banks Construction Company SC$20.3M · 0.01%
Cfe Management, LLC SC$17.3M · 0.56%
Thompson Trucking Co SC$14.0M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570547558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.