Plan Ledger DOL Form 5500 · updated monthly

Itc Service Group Acquisition, LLC401(k)

ITC SERVICE GROUP ACQUISITION, LLC 401(K) PROFIT SHARING PLAN · DUNCAN, SC · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Itc Service Group Acquisition, LLC reported $3,279 in plan administrative expenses for 2022: 0.29% of average plan assets, below the peer median. Employer contributions averaged $192 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in South Carolina (746th of 807), and 2,144th of 2,199 in information & media. In 2022, employees put in $3.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,116,966
Participants with balances106
Active participants507
Employer contributions$97,457
Employee contributions$300,560
Employer contribution per active participant$192
Average account balance$10,537
Benefits paid to participants$226,115
Plan auditUnmodified (clean) audit opinion
AuditorHALLIDAY SCHWARTZ & CO.
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $25K emplr
2022$1.1M · 106 accts · $97K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,279
Total administrative$3,279
The Itc Service Group Acquisition, LLC 401(k) match · 2022
Employer contribution per active participant$192
Median for plans this size$1,114

Itc Service Group Acquisition, LLC'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
2023Not separately reported
2022$3,279 · 0.29%
Similar plansInformation & Media · South Carolina
Red Ventures Coqui, LLC SC$6.3M · 0.23%
Arcadia Publishing SC$2.9M · 1.14%
Fairway Outdoor LLC SC$2.6M · 0.04%
Nw Magazine LLC NY$1.2M · 0.06%
Everywhere Wireless IL$1.2M · 0.18%
Om Ganesh One Inc MD$1.1M · 1.73%
Brit Media Inc. CA$1.1M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812092373 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.