Plan Ledger DOL Form 5500 · updated monthly

Neighborhood Dining Group401(k)

NEIGHBORHOOD DINING GROUP 401(K) PROFIT SHARING PLAN · NORTH CHARLESTON, SC · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Neighborhood Dining Group reported $5,575 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $232 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 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Carolina (753rd of 807), and 1,742nd of 2,240 in accommodation & food services. In 2022, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$945,987
Participants with balances77
Active participants167
Employer contributions$38,771
Employee contributions$93,157
Employer contribution per active participant$232
Average account balance$12,286
Benefits paid to participants$59,231
Plan auditUnmodified (clean) audit opinion
AuditorPERLSON LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,575
Total administrative$5,575
The Neighborhood Dining Group 401(k) match · 2022
Employer contribution per active participant$232
Median for plans this size$1,114

Neighborhood Dining Group's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,575 · 0.56%
Same employer
Similar plansAccommodation & Food Services · South Carolina
Coastal Management LLC SC$1.3M · 1.18%
A.M.C. Management Corp. SC$1.0M · 0.59%
Senior Catering SC$967K · 0.98%
Table 301, Inc. SC$817K · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582458996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.