Plan Ledger DOL Form 5500 · updated monthly

Harper General Contractors, Inc.401(k)

HARPER CORPORATION 401(K) RETIREMENT SAVINGS PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Harper General Contractors, Inc. reported $105,297 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,362 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 3 years on file its reported administrative ratio has held roughly steady near 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 231st-largest of 807 plans among South Carolina employers on file, and the 1,802nd of 5,337 in construction. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 280 to 426 since 2022.

Plan summary
Net assets, end of year$23,767,950
Participants with balances347
Active participants426
Employer contributions$1,006,083
Employee contributions$2,117,955
Employer contribution per active participant$2,362
Average account balance$68,496
Benefits paid to participants$2,762,565
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 347 accts · $1.0M emplr
2023$20.2M · 283 accts · $873K emplr
2022$16.2M · 259 accts · $743K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,852
Investment management$57,445
Total administrative$105,297
The Harper General Contractors, Inc. 401(k) match · 2024
Employer contribution per active participant$2,362
Median for plans this size$2,416
2024$2,362 per active participant
2023$2,762 per active participant
2022$2,652 per active participant

Harper General Contractors, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$47,852
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$46,211
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,234

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$105,297 · 0.48%
2023$86,579 · 0.48%
2022$84,883 · 0.49%
Same employer
Similar plansConstruction · South Carolina
C. R. Jackson, Inc. SC$29.5M · 0.25%
Morgan Corp SC$28.5M · 0.08%
Evans Management Group, LLC SC$20.9M · 0.57%
Greenwood, Inc. SC$20.9M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570299686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.