Plan Ledger DOL Form 5500 · updated monthly

Gallivan, White & Boyd, P.A.401(k)

GALLIVAN, WHITE & BOYD, P. A. PROFIT SHARING PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Gallivan, White & Boyd, P.A. reported $2,101 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,167 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 0.003% to 0.004%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 120th-largest of 807 plans among South Carolina employers on file, and the 2,874th of 11,654 in professional & technical services. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,600,194
Participants with balances173
Active participants120
Employer contributions$500,000
Employee contributions$1,069,837
Employer contribution per active participant$4,167
Average account balance$275,146
Benefits paid to participants$6,926,698
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.6M · 173 accts · $500K emplr
2023$46.4M · 173 accts · $444K emplr
2022$39.0M · 173 accts · $649K emplr
The Gallivan, White & Boyd, P.A. 401(k) match · 2024
Employer contribution per active participant$4,167
Median for plans this size$2,416
2024$4,167 per active participant
2023$3,965 per active participant
2022$5,844 per active participant

Gallivan, White & Boyd, P.A.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$2,100

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$2,101 · 0.00%
2023$1,500 · 0.00%
2022$1,450 · 0.00%
Same employer
Similar plansProfessional & Technical Services · South Carolina
Mercedes-Benz Vans, LLC SC$54.0M · 0.49%
Signum , LLC SC$48.8M · 0.05%
Dority and Manning PA SC$47.7M · 0.00%
O'Neal, Inc. SC$45.5M · 0.08%
The Gel Group, Inc. SC$43.1M · 0.32%
Esp Associates, Inc. SC$42.1M · 0.23%
Atlas Technologies, Inc. SC$41.4M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570564097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.