Plan Ledger DOL Form 5500 · updated monthly

Sunbelt Human Advancement Resources, Inc.Profit-sharing plan

SUNBELT HUMAN ADVANCEMENT RESOURCES 403(B) PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Sunbelt Human Advancement Resources, Inc. reported $27,376 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $1,794 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 0.71% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in South Carolina (504th of 807), and 6,710th of 11,911 in health care & social assistance. In 2024, employees put in $1.13 for every $1.00 the employer contributed; active participation has shrunk from 352 to 229 since 2022.

Plan summary
Net assets, end of year$7,350,409
Participants with balances130
Active participants229
Employer contributions$410,912
Employee contributions$465,743
Employer contribution per active participant$1,794
Average account balance$56,542
Benefits paid to participants$819,135
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN SMITH & COMPANY CPAS PA
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 130 accts · $411K emplr
2023$6.9M · 336 accts · $370K emplr
2022$6.8M · 352 accts · $374K emplr
Administrative expenses, itemized · 2024
Investment management$27,376
Total administrative$27,376
Employer contributions to the Sunbelt Human Advancement Resources, Inc. plan · 2024
Employer contribution per active participant$1,794
Median for plans this size$1,313
2024$1,794 per active participant
2023$1,103 per active participant
2022$1,063 per active participant

Sunbelt Human Advancement Resources, Inc.'s 2024 employer contribution ran above 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 · 20245
GALLAGHER BENEFIT SERVICES · Investment advisory (plan)$6,064
MY BENEFITS LLC · Contract administrator$4,145
EMPOWER ADVISORY GROUP, LLC · Investment management$447
EMPOWER ADVISORY GROUP, LLC · Investment management$446

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$27,376 · 0.38%
2023$24,460 · 0.36%
2022$48,562 · 0.71%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Tandem Health Sc SC$8.1M · 0.55%
Vikor Scientific, LLC SC$7.9M · 0.73%
Berkeley Citizens, Inc SC$7.1M · 0.57%
Anmed Health Plan, Inc. SC$7.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 576028253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.