Plan Ledger DOL Form 5500 · updated monthly

Elliott Davis, LLC401(k)

ELLIOTT DAVIS 401(K) RETIREMENT PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Elliott Davis, LLC reported $27,827 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,148 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 2 years on file its reported administrative ratio fell from 0.04% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 40th-largest of 807 plans among South Carolina employers on file, and the 1,069th of 11,654 in professional & technical services. In 2024, employees put in $2.79 for every $1.00 the employer contributed; active participation has grown from 738 to 886 since 2022.

Plan summary
Net assets, end of year$145,460,556
Participants with balances1,106
Active participants886
Employer contributions$2,788,711
Employee contributions$7,789,090
Employer contribution per active participant$3,148
Average account balance$131,519
Benefits paid to participants$19,444,382
Plan auditUnmodified (clean) audit opinion
AuditorRESJ, PC
Plan history3
Yearassets · accounts · employer contribution
2024$145.5M · 1,106 accts · $2.8M emplr
2023$135.4M · 1,106 accts · $2.6M emplr
2022$111.3M · 1,074 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,077
Audit (IQPA)$18,750
Total administrative$27,827
The Elliott Davis, LLC 401(k) match · 2024
Employer contribution per active participant$3,148
Median for plans this size$3,635
2024$3,148 per active participant
2023$3,487 per active participant
2022$3,434 per active participant

Elliott Davis, LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
RESJ · Accounting / audit$15,750
COMPERIO RETIREMENT CONSULTING INC · Other services$5,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,077

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$27,827 · 0.02%
2023$32,724 · 0.03%
2022$38,834 · 0.04%
Same employer
Similar plansProfessional & Technical Services · South Carolina
Compucom Systems, Inc. SC$391.8M · 0.09%
Red Ventures LLC SC$271.5M · 0.17%
Nexsen Pruet, LLC SC$154.3M · 0.07%
Redsail Technologies, LLC SC$136.7M · 0.09%
Motley Rice LLC SC$118.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570381582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.