Plan Ledger DOL Form 5500 · updated monthly

Plantation Resort of Myrtle Beach401(k)

PLANTATION RESORT OF MYRTLE BEACH 401(K) PLAN · SURFSIDE BEACH, SC · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Plantation Resort of Myrtle Beach reported $20 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $500 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Carolina (772nd of 807), and 1,874th of 2,240 in accommodation & food services. In 2022, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$593,904
Participants with balances54
Active participants104
Employer contributions$51,985
Employee contributions$102,348
Employer contribution per active participant$500
Average account balance$10,998
Benefits paid to participants$18,800
Plan auditUnmodified (clean) audit opinion
AuditorHEATH, FANIA & CO., PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20
Total administrative$20
The Plantation Resort of Myrtle Beach 401(k) match · 2022
Employer contribution per active participant$500
Median for plans this size$331

Plantation Resort of Myrtle Beach's 2022 employer contribution ran above the $331 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$20 · 0.00%
Similar plansAccommodation & Food Services · South Carolina
Table 301, Inc. SC$817K · 1.20%
Aileron Management, LLC SC$729K · 1.12%
Serg Restaurant Group LLC SC$591K · 0.57%
Seaside Inn Rentals, LLC SC$149K · 1.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570812858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.