Plan Ledger DOL Form 5500 · updated monthly

Msi-Viking Gage, LLC401(k)

MSI-VIKING GAGE 401(K) PLAN · DUNCAN, SC · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Msi-Viking Gage, LLC reported $30,512 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $2,070 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 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in South Carolina (541st of 807), and 9,383rd of 11,654 in professional & technical services. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,039,120
Participants with balances153
Active participants154
Employer contributions$318,797
Employee contributions$672,109
Employer contribution per active participant$2,070
Average account balance$39,471
Benefits paid to participants$633,096
Plan auditUnmodified (clean) audit opinion
AuditorGO TAX SERVICES, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$6.0M · 153 accts · $319K emplr
2022$3.8M · 91 accts · $209K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,069
Investment management$22,443
Total administrative$30,512
The Msi-Viking Gage, LLC 401(k) match · 2024
Employer contribution per active participant$2,070
Median for plans this size$1,313
2024$2,070 per active participant
2022$1,366 per active participant

Msi-Viking Gage, LLC's 2024 employer contribution ran above the $1,313 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 · 20243
OSAIC WEALTH INC · Investment advisory (plan)$20,815
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,069
STRATEGIC INVESTMENTS INSTITUTIONAL · Investment advisory (plan)$1,628

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

Administrative cost history2
2024$30,512 · 0.55%
2022Not separately reported
Same employer
Similar plansProfessional & Technical Services · South Carolina
Ambiopharm, Inc. SC$8.2M · 1.14%
Allsource Enterprises LLC SC$5.9M · 0.79%
Quant Systems, Inc SC$5.5M · 0.18%
Itc Defense Corp SC$4.8M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223851031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.