Plan Ledger DOL Form 5500 · updated monthly

Tri-Development Center of Aiken County401(k)

TRI-DEVELOPMENT CENTER OF AIKEN COUNTY 401(K) RETIREMENT PLAN · AIKEN, SC · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Tri-Development Center of Aiken County reported $73,900 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,103 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 0.90% to 0.96%. 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 (476th of 807), and 6,400th of 11,911 in health care & social assistance. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,098,025
Participants with balances302
Active participants292
Employer contributions$322,046
Employee contributions$469,103
Employer contribution per active participant$1,103
Average account balance$26,815
Benefits paid to participants$811,502
Plan auditUnmodified (clean) audit opinion
AuditorDAVIS & COMPANY CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 302 accts · $322K emplr
2023$7.3M · 291 accts · $297K emplr
2022$6.2M · 289 accts · $274K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,944
Investment management$27,956
Total administrative$73,900
The Tri-Development Center of Aiken County 401(k) match · 2024
Employer contribution per active participant$1,103
Median for plans this size$1,313
2024$1,103 per active participant
2023$1,112 per active participant
2022$923 per active participant

Tri-Development Center of Aiken County's 2024 employer contribution ran below 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 · 20243
FIRST CITIZENS BANK AND TRUST COMPA · Investment advisory (plan)$25,332
EMPOWER ADVISORY GROUP, LLC · Investment management$2,624

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$73,900 · 0.96%
2023$52,654 · 0.78%
2022$53,775 · 0.90%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Intramed Plus, Inc. SC$8.5M · 0.55%
Kershawhealth SC$8.3M · 0.17%
Tandem Health Sc SC$8.1M · 0.55%
Vikor Scientific, LLC SC$7.9M · 0.73%
Berkeley Citizens, Inc SC$7.1M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570669586 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.