Plan Ledger DOL Form 5500 · updated monthly

Performance Management Group, LLC401(k)

PERFORMANCE MANAGEMENT GROUP 401(K) PLAN · FLORENCE, SC · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Performance Management Group, LLC reported $21,148 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. Employer contributions averaged $936 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 management of companies employers. By assets it is among the smaller plans on file in South Carolina (609th of 807), and 677th of 786 in management of companies. In 2022, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,855,802
Participants with balances97
Active participants145
Employer contributions$135,698
Employee contributions$257,299
Employer contribution per active participant$936
Average account balance$39,751
Benefits paid to participants$1,020,788
Plan auditUnmodified (clean) audit opinion
AuditorBURCH OXFORD SEALE CO. CPA'S PA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,148
Total administrative$21,148
The Performance Management Group, LLC 401(k) match · 2022
Employer contribution per active participant$936
Median for plans this size$1,114

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

Administrative cost history1
2022$21,148 · 0.44%
Similar plansManagement of Companies · South Carolina
Beemok Capital LLC SC$46.5M · 0.23%
Concept 2001, Inc. SC$31.2M · 0.26%
The Springs Company SC$17.9M · 0.23%
Fennell Holdings, Inc. SC$5.5M · 0.65%
Watterson Brands, LLC SC$3.0M · 0.89%
Bcn Holdings, Inc. SC$1.2M · 3.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200246040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.