Plan Ledger DOL Form 5500 · updated monthly

Rogers & Brown Custom Brokers, Inc401(k)

THE ROGERS & BROWN PROFIT SHARING 401(K) PLAN · LADSON, SC · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Rogers & Brown Custom Brokers, Inc reported $62,898 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $712 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 0.57% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in South Carolina (419th of 807), and the 1,133rd of 2,677 in transportation & warehousing. In 2024, employees put in $3.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,334,087
Participants with balances106
Active participants125
Employer contributions$89,061
Employee contributions$324,347
Employer contribution per active participant$712
Average account balance$97,491
Benefits paid to participants$1,194,613
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 106 accts · $89K emplr
2023$10.0M · 121 accts · $76K emplr
2022$8.8M · 112 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,880
Investment management$32,018
Total administrative$62,898
The Rogers & Brown Custom Brokers, Inc 401(k) match · 2024
Employer contribution per active participant$712
Median for plans this size$2,416
2024$712 per active participant
2023$615 per active participant
2022$623 per active participant

Rogers & Brown Custom Brokers, Inc's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$30,880
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$27,737

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$62,898 · 0.62%
2023$51,587 · 0.55%
2022$54,178 · 0.57%
Similar plansTransportation & Warehousing · South Carolina
Stevens Towing Co., Inc. SC$11.3M · 0.53%
Jear Logistics, LLC SC$10.9M · 0.42%
Bgi, LLC SC$6.4M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570507147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.