Plan Ledger DOL Form 5500 · updated monthly

Lowcountry Grocers, LLC401(k)

LOWCOUNTRY GROCERS, LLC RETIREMENT SAVINGS PLAN · MT. PLEASANT, SC · plan year 2023

Reported admin expense ratio · 2023
0.85%

Lowcountry Grocers, LLC reported $19,411 in plan administrative expenses for 2023: 0.85% of average plan assets, higher than ~75% of peers. 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 0.52% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in South Carolina (677th of 807), and 4,513th of 5,215 in retail trade. active participation has grown from 265 to 297 since 2022.

Plan summary
Net assets, end of year$2,522,185
Participants with balances245
Active participants297
Employer contributions—
Employee contributions$258,962
Employer contribution per active participant—
Average account balance$10,295
Benefits paid to participants$134,607
Plan auditUnmodified (clean) audit opinion
AuditorMOSS & YANTIS CPA PA
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 317 accts
2023$2.5M · 245 accts
2022$2.1M · 242 accts
Administrative expenses, itemized · 2023
Investment management$19,411
Total administrative$19,411
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MOSS & YANTIS · Accounting / audit$13,375
MY BENEFITS LLC · Contract administrator$6,515

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$15,748 · 0.63%
2023$19,411 · 0.85%
2022$11,381 · 0.52%
Same employer
Similar plansRetail Trade · South Carolina
Palmetto Moon, LLC SC$2.8M · 1.78%
The Salty Dog, Inc. SC$2.7M · 0.65%
Unique USA Inc. SC$2.4M · 0.99%
Transit Energy Group LLC SC$1.7M · 1.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300841821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.