Plan Ledger DOL Form 5500 · updated monthly

Palmetto Exterminators, LLC401(k)

PALMETTO EXTERMINATORS, LLC 401(K) PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Palmetto Exterminators, LLC reported $6,768 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,528 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 1 year on file its reported administrative ratio rose from 0.03% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 306th-largest of 807 plans among South Carolina employers on file, and the 1,170th of 3,341 in other services. In 2024, employees put in $2.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,217,632
Participants with balances448
Active participants416
Employer contributions$635,614
Employee contributions$1,688,139
Employer contribution per active participant$1,528
Average account balance$38,432
Benefits paid to participants$1,460,376
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$17.2M · 448 accts · $636K emplr
2023$11.0M · 190 accts · $231K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,768
Total administrative$6,768
The Palmetto Exterminators, LLC 401(k) match · 2024
Employer contribution per active participant$1,528
Median for plans this size$2,416
2024$1,528 per active participant
2023$1,529 per active participant

Palmetto Exterminators, LLC's 2024 employer contribution ran below 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$6,768
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$6,768 · 0.05%
2023$2,898 · 0.03%
Same employer
Similar plansOther Services · South Carolina
Ltc Management, LLC SC$21.3M · 0.19%
Detyens Shipyards, Inc. SC$16.6M · 0.44%
Opterra Solutions, Inc. SC$10.7M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920441675 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.