Plan Ledger DOL Form 5500 · updated monthly

Penshurst Trading Inc.401(k)

PENSHURST TRADING INC. 401(K) PLAN · NORTH CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Penshurst Trading Inc. reported $8,209 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,446 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 2 years on file its reported administrative ratio rose from 0.18% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in South Carolina (608th of 807), and 3,809th of 4,246 in wholesale trade. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,879,088
Participants with balances123
Active participants83
Employer contributions$120,042
Employee contributions$257,743
Employer contribution per active participant$1,446
Average account balance$31,537
Benefits paid to participants$175,061
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 123 accts · $120K emplr
2023$3.2M · 117 accts · $114K emplr
2022$2.6M · 114 accts · $97K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,382
Investment management$1,827
Total administrative$8,209
The Penshurst Trading Inc. 401(k) match · 2024
Employer contribution per active participant$1,446
Median for plans this size$1,313
2024$1,446 per active participant
2023$1,425 per active participant
2022$1,276 per active participant

Penshurst Trading Inc.'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 · 20241

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$8,209 · 0.23%
2023$6,099 · 0.21%
2022$5,805 · 0.18%
Similar plansWholesale Trade · South Carolina
Airpark Holdings, Inc. SC$4.9M · 0.99%
Vendors Supply, Inc. SC$4.8M · 1.40%
The Climatic Corporation SC$4.0M · 0.66%
Hawley, LLC SC$3.6M · 0.98%
Marolina Outdoor Inc. SC$3.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061442496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.