Plan Ledger DOL Form 5500 · updated monthly

Landmark Construction Company, Inc.401(k)

LANDMARK CONSTRUCTION COMPANY, INC. PROFIT SHARING PLAN · NORTH CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Landmark Construction Company, Inc. reported $47,959 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $414 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 0.41% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 359th-largest of 807 plans among South Carolina employers on file, and the 2,626th of 5,337 in construction. In 2024, employees put in $3.20 for every $1.00 the employer contributed; active participation has grown from 340 to 638 since 2022.

Plan summary
Net assets, end of year$13,608,687
Participants with balances208
Active participants638
Employer contributions$264,192
Employee contributions$844,836
Employer contribution per active participant$414
Average account balance$65,426
Benefits paid to participants$1,591,175
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 208 accts · $264K emplr
2023$12.2M · 188 accts · $236K emplr
2022$9.3M · 179 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,959
Total administrative$47,959
The Landmark Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$414
Median for plans this size$2,416
2024$414 per active participant
2023$556 per active participant
2022$587 per active participant

Landmark Construction Company, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
SOUTH STATE RPS · Recordkeeping · Loan processing$47,959

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

Recordkeeper by year2
2024SOUTH STATE RPS
2023SOUTH STATE RPS

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

Administrative cost history3
2024$47,959 · 0.37%
2023$43,122 · 0.40%
2022$42,560 · 0.41%
Same employer
Similar plansConstruction · South Carolina
Eldeco, Inc. SC$15.9M · 0.17%
Thompson Trucking Co SC$14.0M · 0.51%
Palmetto Corp of Conway SC$13.0M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570673594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.