Plan Ledger DOL Form 5500 · updated monthly

North American Rescue, LLC401(k)

NORTH AMERICAN RESCUE, LLC 401(K) RETIREMENT PLAN · GREER, SC · plan year 2023

Reported admin expense ratio · 2023
0.58%

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

North American Rescue, LLC reported $74,833 in plan administrative expenses for 2023: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,317 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 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 343rd-largest of 807 plans among South Carolina employers on file, and 2,417th of 4,246 in wholesale trade. In 2023, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 142 to 159 since 2022.

Plan summary
Net assets, end of year$14,448,925
Participants with balances194
Active participants159
Employer contributions$527,325
Employee contributions$977,195
Employer contribution per active participant$3,317
Average account balance$74,479
Benefits paid to participants$591,550
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 208 accts · $556K emplr
2023$14.4M · 194 accts · $527K emplr
2022$11.3M · 178 accts · $444K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$74,833
Total administrative$74,833
The North American Rescue, LLC 401(k) match · 2023
Employer contribution per active participant$3,317
Median for plans this size$2,440
2024$3,371 per active participant
2023$3,317 per active participant
2022$3,128 per active participant

North American Rescue, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRIAD HYBRID SOLUTIONS LLC · Investment advisory (plan)$31,313
STRINGER RESOURCE GROUP · Contract administrator$6,263

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$86,253 · 0.60%
2023$74,833 · 0.58%
2022$75,149 · 0.62%
Same employer
Similar plansWholesale Trade · South Carolina
Quoizel, LLC SC$19.3M · 0.35%
Gateway Supply Co Inc SC$14.1M · 0.34%
Hartmann USA, Inc. SC$14.0M · 0.05%
The Yahnis Company SC$13.8M · 0.44%
Epting Distributors, Inc SC$12.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271024029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.