Plan Ledger DOL Form 5500 · updated monthly

T-Bonz Management Company, Inc.401(k)

T-BONZ 401(K) RETIREMENT PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
1.53%

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

T-Bonz Management Company, Inc. reported $41,113 in plan administrative expenses for 2024: 1.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $480 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 0.80% to 1.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Carolina (654th of 807), and 1,223rd of 2,240 in accommodation & food services. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 156 to 185 since 2022.

Plan summary
Net assets, end of year$2,907,851
Participants with balances91
Active participants185
Employer contributions$88,836
Employee contributions$208,219
Employer contribution per active participant$480
Average account balance$31,954
Benefits paid to participants$141,279
Plan auditUnmodified (clean) audit opinion
AuditorMOSS & YANTIS CPA PA
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 91 accts · $89K emplr
2023$2.5M · 101 accts · $84K emplr
2022$2.7M · 104 accts · $84K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,886
Investment management$7,227
Total administrative$41,113
The T-Bonz Management Company, Inc. 401(k) match · 2024
Employer contribution per active participant$480
Median for plans this size$1,313
2024$480 per active participant
2023$514 per active participant
2022$541 per active participant

T-Bonz Management Company, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$33,885
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP, Raymond James

This plan has changed recordkeepers within these filings. If you left T-Bonz Management Company, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$41,113 · 1.53%
2023$32,803 · 1.28%
2022$23,923 · 0.80%
Same employer
Similar plansAccommodation & Food Services · South Carolina
Ch Employees, LLC SC$5.4M · 1.31%
Cmac, Inc. SC$3.4M · 1.22%
Ro Ho Ho, Inc. SC$2.9M · 0.27%
Perfect Delivery Inc SC$2.8M · 0.63%
F M H Limited SC$2.1M · 0.63%
Gsp Transportation Inc. SC$2.1M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571019520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.