Plan Ledger DOL Form 5500 · updated monthly

Synterra Corporation401(k)

SYNTERRA 401(K) PROFIT SHARING PLAN · GREENVILLE, SC · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

Synterra Corporation reported $29,397 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,012 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 rose from 0.19% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 402nd-largest of 807 plans among South Carolina employers on file, and 7,570th of 11,654 in professional & technical services. In 2023, employees put in $2.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,400,217
Participants with balances131
Active participants94
Employer contributions$283,087
Employee contributions$697,526
Employer contribution per active participant$3,012
Average account balance$87,025
Benefits paid to participants$1,753,633
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 123 accts · $241K emplr
2023$11.4M · 131 accts · $283K emplr
2022$10.2M · 140 accts · $268K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,582
Investment management$5,298
Total administrative$29,397
The Synterra Corporation 401(k) match · 2023
Employer contribution per active participant$3,012
Median for plans this size$2,440
2024$2,705 per active participant
2023$3,012 per active participant
2022$2,787 per active participant

Synterra Corporation's 2023 employer contribution ran above the $2,440 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 · 20233
ACEC RETIREMENT TRUST$15,517
EMPOWER ADVISORY GROUP, LLC · Investment management$5,298

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$27,101 · 0.24%
2023$29,397 · 0.27%
2022$22,172 · 0.19%
All plans at this employer2
SYNTERRA 401(K) PROFIT SHARING PLAN401(k)
SYNTERRA EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansProfessional & Technical Services · South Carolina
Boomtown Roi, LLC SC$14.0M · 0.45%
Brandon Advertising, Inc. SC$13.4M · 0.46%
Tfe, Inc. SC$11.9M · 0.32%
Human Technologies, Inc. SC$11.1M · 0.29%
Poly-Med, Inc. SC$10.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570962660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.