Plan Ledger DOL Form 5500 · updated monthly

Find Great People, LLC401(k)

FIND GREAT PEOPLE, LLC SALARY DEFERRAL SAVINGS PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Find Great People, LLC reported $25,871 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $200 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 rose from 0.18% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in South Carolina (449th of 807), and the 1,083rd of 2,534 in administrative & support services. In 2024, employees put in $31.68 for every $1.00 the employer contributed; active participation has grown from 105 to 125 since 2022.

Plan summary
Net assets, end of year$8,836,849
Participants with balances270
Active participants125
Employer contributions$25,000
Employee contributions$792,057
Employer contribution per active participant$200
Average account balance$32,729
Benefits paid to participants$466,318
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 270 accts · $25K emplr
2023$7.5M · 264 accts · $50K emplr
2022$5.8M · 246 accts · $100K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,371
Audit (IQPA)$13,500
Total administrative$25,871
The Find Great People, LLC 401(k) match · 2024
Employer contribution per active participant$200
Median for plans this size$1,313
2024$200 per active participant
2023$420 per active participant
2022$952 per active participant

Find Great People, 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$99,292
GREERWALKER LLP · Accounting / audit$13,500

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,871 · 0.32%
2023$11,168 · 0.17%
2022$10,937 · 0.18%
Similar plansAdministrative & Support Services · South Carolina
Gc Avantech, LLC SC$13.6M · 0.49%
Value Added Solutions, Inc. SC$11.9M · 0.63%
Ih Services, Inc. SC$6.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202795512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.