Plan Ledger DOL Form 5500 · updated monthly

Vic Bailey Superstores, Inc.401(k)

VIC BAILEY SUPERSTORES, INC. 401(K) RETIREMENT SAVINGS PLAN · SPARTANBURG, SC · plan year 2023

Reported admin expense ratio · 2023
0.39%

Vic Bailey Superstores, Inc. reported $35,845 in plan administrative expenses for 2023: 0.39% of average plan assets, below the peer median. 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 1 year on file its reported administrative ratio fell from 0.72% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in South Carolina (430th of 807), and 2,696th of 5,215 in retail trade. In 2023, employees put in $3.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,624,155
Participants with balances42
Active participants0
Employer contributions$198,502
Employee contributions$710,732
Employer contribution per active participant—
Average account balance$229,147
Benefits paid to participants$1,283,225
Plan auditUnmodified (clean) audit opinion
AuditorLOVE, BAILEY, AND ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$9.6M · 42 accts · $199K emplr
2022$8.6M · 146 accts · $174K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,845
Total administrative$35,845
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY MANAGEMENT TRUST COMPANY · Plan administrator · Trustee (discretionary)$35,845

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

Administrative cost history3
2024Not separately reported
2023$35,845 · 0.39%
2022$71,997 · 0.72%
Same employer
Similar plansRetail Trade · South Carolina
Stokes Automotive, Inc. SC$12.5M · 0.54%
Hamricks, Inc. SC$11.2M · 0.26%
Fairway Ford, Inc. SC$9.9M · 0.60%
Johnson Automotive SC$9.5M · 0.67%
McHugh Pharmacy Group Inc SC$8.9M · 0.65%
Love Auto Group SC$8.8M · 0.94%
Soc LLC SC$8.5M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570884018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.