Plan Ledger DOL Form 5500 · updated monthly

Senior CateringProfit-sharing plan

SENIOR CATERING RETIREMENT PLAN · LITTLE MOUNTAIN, SC · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Senior Catering reported $9,195 in plan administrative expenses for 2024: 0.98% of average plan assets, above the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.98%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Carolina (752nd of 807), and 1,738th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$966,638
Participants with balances124
Active participants151
Employer contributions$0
Employee contributions$99,521
Employer contribution per active participant$0
Average account balance$7,795
Benefits paid to participants$120,033
Plan auditUnmodified (clean) audit opinion
AuditorACCOUNTANT FIRM NAME
Plan history3
Yearassets · accounts · employer contribution
2024$967K · 124 accts
2023$919K · 149 accts
2022$816K · 146 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,195
Total administrative$9,195
Employer contributions to the Senior Catering plan · 2024
Employer contribution per active participant$0
Median for plans this size$540

Senior Catering's 2024 employer contribution ran below the $540 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 · 20244
AMERIPRISE FINANCIAL SERVICES, INC.$5,327
STRINGER RESOURCE GROUP · Contract administrator$676
EMPOWER ADVISORY GROUP, LLC · Investment management$238

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$9,195 · 0.98%
2023$8,317 · 0.96%
2022$7,741 · 0.95%
Similar plansAccommodation & Food Services · South Carolina
Gsp Transportation Inc. SC$2.1M · 0.94%
Coastal Management LLC SC$1.3M · 1.18%
A.M.C. Management Corp. SC$1.0M · 0.59%
Neighborhood Dining Group SC$946K · 0.56%
Table 301, Inc. SC$817K · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570777030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.