Plan Ledger DOL Form 5500 · updated monthly

McMillan Pazdan Smith, LLC401(k)

MCMILLAN PAZDAN SMITH, LLC 401(K) PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

McMillan Pazdan Smith, LLC reported $204,268 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,905 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 3 years on file its reported administrative ratio has held roughly steady near 0.69%. 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 174th-largest of 807 plans among South Carolina employers on file, and the 3,955th of 11,654 in professional & technical services. In 2024, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,997,774
Participants with balances369
Active participants294
Employer contributions$1,147,927
Employee contributions$2,490,036
Employer contribution per active participant$3,905
Average account balance$86,715
Benefits paid to participants$2,145,045
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.0M · 369 accts · $1.1M emplr
2023$26.9M · 377 accts · $1.1M emplr
2022$22.9M · 357 accts · $926K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,503
Investment management$86,068
Total administrative$204,268
The McMillan Pazdan Smith, LLC 401(k) match · 2024
Employer contribution per active participant$3,905
Median for plans this size$2,416
2024$3,905 per active participant
2023$3,950 per active participant
2022$3,215 per active participant

McMillan Pazdan Smith, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$86,068
ENVESTNET RETIREMENT SOLUTIONS, LLC$11,697
NORTHWESTERN MUTUAL INVESTMENT SVCSindirect 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$204,268 · 0.69%
2023$170,030 · 0.68%
2022$166,116 · 0.73%
Same employer
Similar plansProfessional & Technical Services · South Carolina
Css LLC SC$40.0M · 0.30%
CORE4CE, LLC SC$39.8M · 0.44%
VC3, Inc. SC$33.4M · 0.61%
Davis & Floyd, Inc SC$32.3M · 0.43%
Orbis Sibro, Inc. SC$31.8M · 0.40%
Clement Rivers, LLP SC$25.7M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270813293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.