Plan Ledger DOL Form 5500 · updated monthly

Trident Construction Resource Management, LLC401(k)

TRIDENT CONSTRUCTION RESOURCE MANAGEMENT PROFIT SHARING PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Trident Construction Resource Management, LLC reported $34,062 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $7,285 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 0.25%. 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 335th-largest of 807 plans among South Carolina employers on file, and the 2,484th of 5,337 in construction. In 2024, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,857,621
Participants with balances141
Active participants114
Employer contributions$830,446
Employee contributions$907,729
Employer contribution per active participant$7,285
Average account balance$105,373
Benefits paid to participants$996,965
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 141 accts · $830K emplr
2023$12.7M · 145 accts · $1.0M emplr
2022$10.6M · 121 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,910
Investment management$31,152
Total administrative$34,062
The Trident Construction Resource Management, LLC 401(k) match · 2024
Employer contribution per active participant$7,285
Median for plans this size$2,416
2024$7,285 per active participant
2023$8,121 per active participant
2022$10,023 per active participant

Trident Construction Resource Management, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
ASCENSUS LLC · Recordkeeping$2,910
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$31,152

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$34,062 · 0.25%
2023$20,159 · 0.17%
2022$27,808 · 0.24%
Same employer
Similar plansConstruction · South Carolina
Banks Construction Company SC$20.3M · 0.01%
Cfe Management, LLC SC$17.3M · 0.56%
Eldeco, Inc. SC$15.9M · 0.17%
Thompson Trucking Co SC$14.0M · 0.51%
Palmetto Corp of Conway SC$13.0M · 1.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 300962661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.