Plan Ledger DOL Form 5500 · updated monthly

Urban Nirvana LLC401(k)

URBAN NIRVANA LLC 401(K) PROFIT SHARING PLAN & TRUST · CHARLESTON, SC · plan year 2022

Reported admin expense ratio · 2022
2.00%

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

Urban Nirvana LLC reported $9,575 in plan administrative expenses for 2022: 2.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $925 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in South Carolina (771st of 807), and 3,158th of 3,341 in other services. In 2022, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$594,960
Participants with balances51
Active participants133
Employer contributions$122,978
Employee contributions$221,525
Employer contribution per active participant$925
Average account balance$11,666
Benefits paid to participants$23,173
Plan auditUnmodified (clean) audit opinion
AuditorELLIOT DAVIS LLC
Administrative expenses, itemized · 2022
Professional / advisory$9,575
Total administrative$9,575
The Urban Nirvana LLC 401(k) match · 2022
Employer contribution per active participant$925
Median for plans this size$331

Urban Nirvana LLC's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,575 · 2.00%
Similar plansOther Services · South Carolina
Berkeley Hall Club SC$2.1M · 0.92%
Bronco Lube, LLC SC$1.0M · 2.67%
2U Laundry, Inc. NC$614K · 0.25%
Zoom Management, LLC FL$601K · 0.31%
Sharpness Inc IA$600K · 5.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571102042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.