Plan Ledger DOL Form 5500 · updated monthly

Sp Orian, LLC401(k)

SP ORIAN, LLC 401(K) PLAN · ANDERSON, SC · plan year 2023

Reported admin expense ratio · 2023
1.83%

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

Sp Orian, LLC reported $75,677 in plan administrative expenses for 2023: 1.83% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,064 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 has held roughly steady near 1.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in South Carolina (565th of 807), and 11,184th of 13,661 in manufacturing. In 2023, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,027,069
Participants with balances170
Active participants176
Employer contributions$187,196
Employee contributions$537,137
Employer contribution per active participant$1,064
Average account balance$29,571
Benefits paid to participants$809,101
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.9M · 115 accts · $159K emplr
2023$5.0M · 170 accts · $187K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$72,178
Investment management$3,499
Total administrative$75,677
The Sp Orian, LLC 401(k) match · 2023
Employer contribution per active participant$1,064
Median for plans this size$1,308
2024$1,592 per active participant
2023$1,064 per active participant

Sp Orian, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$72,178
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$17,499

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

Administrative cost history2
2024$94,652 · 1.91%
2023$75,677 · 1.83%
Same employer
Similar plansManufacturing · South Carolina
Executive Cabinetry, LLC SC$5.4M · 0.77%
Mergon Corporation SC$5.4M · 0.36%
Insulfab Plastics, Inc. SC$5.4M · 0.00%
Origin Point Brands LLC SC$4.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 883435833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.