Plan Ledger DOL Form 5500 · updated monthly

Softdocs Sc, LLC401(k)

SOFTDOCS SC, LLC 401(K) PLAN · COLUMBIA, SC · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Softdocs Sc, LLC reported $27,536 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $1,093 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 0.52% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in South Carolina (510th of 807), and 1,718th of 2,199 in information & media. In 2024, employees put in $6.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,073,827
Participants with balances198
Active participants124
Employer contributions$135,500
Employee contributions$814,411
Employer contribution per active participant$1,093
Average account balance$35,726
Benefits paid to participants$622,700
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 198 accts · $136K emplr
2023$5.4M · 206 accts · $131K emplr
2022$3.9M · 178 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,726
Investment management$23,810
Total administrative$27,536
The Softdocs Sc, LLC 401(k) match · 2024
Employer contribution per active participant$1,093
Median for plans this size$1,313
2024$1,093 per active participant
2023$1,030 per active participant

Softdocs Sc, 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$3,726
FIRST CITIZENS BANK & TRUST. · Investment advisory (plan)$23,810

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$27,536 · 0.44%
2023$20,364 · 0.44%
2022$22,806 · 0.52%
Same employer
Similar plansInformation & Media · South Carolina
Evening Post Group, LLC SC$8.3M · 0.24%
Red Ventures Coqui, LLC SC$6.3M · 0.23%
Arcadia Publishing SC$2.9M · 1.14%
Fairway Outdoor LLC SC$2.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571072887 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.