Plan Ledger DOL Form 5500 · updated monthly

P.F.C., Inc. dba Stingray Boat Company401(k)

STINGRAY BOAT COMPANY 401(K) PLAN · HARTSVILLE, SC · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

P.F.C., Inc. dba Stingray Boat Company reported $3,219 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $236 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 manufacturing employers. By assets it is among the smaller plans on file in South Carolina (645th of 807), and 12,212th of 13,661 in manufacturing. In 2022, employees put in $5.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,113,264
Participants with balances78
Active participants152
Employer contributions$35,852
Employee contributions$191,702
Employer contribution per active participant$236
Average account balance$39,914
Benefits paid to participants$635,629
Plan auditUnmodified (clean) audit opinion
AuditorBURCH, OXNER & SEALE
Administrative expenses, itemized · 2022
Investment management$183
Total administrative$3,219
The P.F.C., Inc. dba Stingray Boat Company 401(k) match · 2022
Employer contribution per active participant$236
Median for plans this size$1,114

P.F.C., Inc. dba Stingray Boat Company'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$3,219 · 0.09%
Same employer
Similar plansManufacturing · South Carolina
Newbold Corporation SC$3.5M · 0.71%
Composite Resources, Inc. SC$3.4M · 0.78%
Central Textiles, Inc. SC$3.1M · 0.34%
Healthcare Sc, LLC SC$2.9M · 2.00%
Pac Tell Group Inc SC$2.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570682030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.