Plan Ledger DOL Form 5500 · updated monthly

Liberty Doctors, LLC401(k)

LD & QHD 401(K) PLAN · NORTH CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Liberty Doctors, LLC reported $11,185 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8 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 0.14% to 0.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in South Carolina (547th of 807), and 7,402nd of 11,911 in health care & social assistance. In 2024, employees put in $313.75 for every $1.00 the employer contributed; active participation has grown from 122 to 315 since 2022.

Plan summary
Net assets, end of year$5,919,251
Participants with balances396
Active participants315
Employer contributions$2,635
Employee contributions$826,722
Employer contribution per active participant$8
Average account balance$14,948
Benefits paid to participants$617,691
Plan auditUnmodified (clean) audit opinion
AuditorDCPAS, LLC DBA DAVIS & COMPANY CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 396 accts · $3K emplr
2023$4.9M · 271 accts · $369K emplr
2022$3.7M · 219 accts · $269K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,750
Investment management$2,560
Total administrative$11,185
The Liberty Doctors, LLC 401(k) match · 2024
Employer contribution per active participant$8
Median for plans this size$1,313
2024$8 per active participant
2023$1,466 per active participant
2022$2,203 per active participant

Liberty Doctors, 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 · 20241
OSAIC WEALTH, INC.indirect comp

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$11,185 · 0.21%
2023$6,496 · 0.15%
2022$5,423 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Anmed Health Plan, Inc. SC$7.1M · 0.09%
Sweetgrass Pediatrics SC$4.7M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453367409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.