Plan Ledger DOL Form 5500 · updated monthly

Soc LLC401(k)

CREWS AUTO GROUP 401(K) PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Soc LLC reported $61,533 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $1,094 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 fell from 0.92% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in South Carolina (464th of 807), and 2,942nd of 5,215 in retail trade. In 2024, employees put in $4.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,454,483
Participants with balances116
Active participants145
Employer contributions$158,691
Employee contributions$651,229
Employer contribution per active participant$1,094
Average account balance$72,883
Benefits paid to participants$702,844
Plan auditUnmodified (clean) audit opinion
AuditorDCPAS, LLC DBA DAVIS & COMPANY CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 116 accts · $159K emplr
2023$7.4M · 117 accts · $165K emplr
2022$5.9M · 114 accts · $166K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,034
Investment management$16,134
Trustee / custodial$32,269
Total administrative$61,533
The Soc LLC 401(k) match · 2024
Employer contribution per active participant$1,094
Median for plans this size$1,313
2024$1,094 per active participant
2023$1,063 per active participant
2022$1,161 per active participant

Soc LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
TRINITY PENSION GROUP, LLC · Contract administrator · Recordkeeping$3,218
NATIONWIDE · Investment advisory (participants) · Loan processing$36,303
TRUIST INVESTMENT SRVCS$16,134
NATIONWIDE$4,034

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

Recordkeeper by year2
2024TRINITY PENSION GROUP, LLC
2023TRINITY PENSION GROUP, LLC

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Administrative cost history3
2024$61,533 · 0.77%
2023$82,821 · 1.24%
2022$56,173 · 0.92%
Similar plansRetail Trade · South Carolina
Johnson Automotive SC$9.5M · 0.67%
McHugh Pharmacy Group Inc SC$8.9M · 0.65%
Love Auto Group SC$8.8M · 0.94%
The Parrott Group, Inc. SC$8.1M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562277691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.