Plan Ledger DOL Form 5500 · updated monthly

Springs Global US, Inc.401(k)

THE SPRINGS OF ACHIEVEMENT PARTNERSHIP PLAN · FORT MILL, SC · plan year 2023

Reported admin expense ratio · 2023
0.19%

Springs Global US, Inc. reported $96,781 in plan administrative expenses for 2023: 0.19% of average plan assets, above the peer median. 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 0.17% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 109th-largest of 807 plans among South Carolina employers on file, and the 3,094th of 13,661 in manufacturing. active participation has shrunk from 9 to 8 since 2022.

Plan summary
Net assets, end of year$51,303,128
Participants with balances609
Active participants8
Employer contributions—
Employee contributions$83,630
Employer contribution per active participant—
Average account balance$84,242
Benefits paid to participants$4,255,916
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.0M · 576 accts
2023$51.3M · 609 accts
2022$48.9M · 648 accts
Administrative expenses, itemized · 2023
Investment management$82,641
Audit (IQPA)$18,999
Total administrative$96,781
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 · 20233
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$82,641
ELLIOTT GROUP CPAS, PLLC · Accounting / audit$18,999
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024$65,528 · 0.13%
2023$96,781 · 0.19%
2022$95,953 · 0.17%
Similar plansManufacturing · South Carolina
Amick Farms, LLC SC$59.0M · 0.53%
Rts Packaging, LLC SC$58.1M · 0.07%
J W Aluminum Company SC$53.0M · 0.29%
Wikoff Color Corporation SC$47.3M · 0.35%
Contec, Inc. SC$46.9M · 0.40%
Snider Tire, Inc. SC$42.2M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 203707005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.