Plan Ledger DOL Form 5500 · updated monthly

Springs Creative Products Group, LLC401(k)

SPRINGS CREATIVE PRODUCTS GROUP, LLC EMPLOYEES SAVINGS TRUST · ROCK HILL, SC · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Springs Creative Products Group, LLC reported $811 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $583 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 1 year on file its reported administrative ratio fell from 0.02% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in South Carolina (614th of 807), and 3,827th of 4,246 in wholesale trade. In 2022, employees put in $3.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,764,843
Participants with balances122
Active participants150
Employer contributions$87,416
Employee contributions$306,274
Employer contribution per active participant$583
Average account balance$30,859
Benefits paid to participants$1,009,530
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.0M · 99 accts · $62K emplr
2022$3.8M · 122 accts · $87K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$811
Total administrative$811
The Springs Creative Products Group, LLC 401(k) match · 2022
Employer contribution per active participant$583
Median for plans this size$1,114
2023$570 per active participant
2022$583 per active participant

Springs Creative Products Group, LLC's 2022 employer contribution ran below the $1,114 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 history2
2023$336 · 0.01%
2022$811 · 0.02%
Similar plansWholesale Trade · South Carolina
Airpark Holdings, Inc. SC$4.9M · 0.99%
Vendors Supply, Inc. SC$4.8M · 1.40%
The Climatic Corporation SC$4.0M · 0.66%
Penshurst Trading Inc. SC$3.9M · 0.23%
Hawley, LLC SC$3.6M · 0.98%
Marolina Outdoor Inc. SC$3.6M · 0.13%
Cans Unlimited Inc. SC$3.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134346033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.