Plan Ledger DOL Form 5500 · updated monthly

South Carolina Federal Credit Union401(k)

SOUTH CAROLINA FEDERAL CREDIT UNION EMPLOYEES · NORTH CHARLESTON, SC · plan year 2025

Reported admin expense ratio · 2025
0.17%

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

South Carolina Federal Credit Union reported $186,675 in plan administrative expenses for 2025: 0.17% of average plan assets, above the peer median. Employer contributions averaged $6,458 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 fell from 0.22% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 50th-largest of 807 plans among South Carolina employers on file, and the 875th of 4,798 in finance & insurance. In 2025, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$118,677,250
Participants with balances670
Active participants574
Employer contributions$3,706,707
Employee contributions$4,353,052
Employer contribution per active participant$6,458
Average account balance$177,130
Benefits paid to participants$8,280,632
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$118.7M · 670 accts · $3.7M emplr
2024$102.8M · 670 accts · $3.6M emplr
2023$86.6M · 664 accts · $3.4M emplr
2022$71.6M · 613 accts · $3.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$152,685
Investment management$32,640
Total administrative$186,675
The South Carolina Federal Credit Union 401(k) match · 2025
Employer contribution per active participant$6,458
Median for plans this size$4,093
2025$6,458 per active participant
2024$6,227 per active participant
2023$5,977 per active participant
2022$5,666 per active participant

South Carolina Federal Credit Union's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
VOYA RETIREMENT INAURANCE & ANNUITY · Investment advisory (plan)$154,232
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$29,416
MORNINGSTAR · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025$186,675 · 0.17%
2024$172,983 · 0.18%
2023$140,009 · 0.18%
2022$171,185 · 0.22%
Same employer
Similar plansFinance & Insurance · South Carolina
Lpl Financial LLC SC$939.6M · 0.10%
Movement Mortgage, LLC SC$333.9M · 0.14%
Illumifin Corporation SC$102.6M · 0.27%
Island Capital Group LLC SC$79.4M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 570323645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.