Plan Ledger DOL Form 5500 · updated monthly

Serg Restaurant Group LLC401(k)

SERG RESTAURANT GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST · HILTON HEAD ISLAND, SC · plan year 2022

Reported admin expense ratio · 2022
0.57%

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

Serg Restaurant Group LLC reported $2,927 in plan administrative expenses for 2022: 0.57% of average plan assets, below the peer median. Employer contributions averaged $538 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 (773rd of 807), and 1,875th of 2,240 in accommodation & food services. In 2022, employees put in $3.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$591,377
Participants with balances42
Active participants118
Employer contributions$63,438
Employee contributions$221,434
Employer contribution per active participant$538
Average account balance$14,080
Benefits paid to participants$5,743
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,681
Investment management$246
Total administrative$2,927
The Serg Restaurant Group LLC 401(k) match · 2022
Employer contribution per active participant$538
Median for plans this size$331

Serg Restaurant Group LLC'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$2,927 · 0.57%
Similar plansAccommodation & Food Services · South Carolina
Aileron Management, LLC SC$729K · 1.12%
Seaside Inn Rentals, LLC SC$149K · 1.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264689861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.