Plan Ledger DOL Form 5500 · updated monthly

Virtually LLC401(k)

VIRTUALLY.IO 401(K) PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Virtually LLC reported $407 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $303 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 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in South Carolina (787th of 807), and 11,567th of 11,911 in health care & social assistance. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$313,157
Participants with balances129
Active participants105
Employer contributions$31,851
Employee contributions$37,216
Employer contribution per active participant$303
Average account balance$2,428
Benefits paid to participants$21,548
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Investment management$407
Total administrative$407
The Virtually LLC 401(k) match · 2024
Employer contribution per active participant$303
Median for plans this size$540

Virtually LLC's 2024 employer contribution ran below the $540 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.

Administrative cost history1
2024$407 · 0.13%
Similar plansHealth Care & Social Assistance · South Carolina
Providence Care, LLC SC$536K · 0.53%
Elite Home Care LLC SC$351K · 1.93%
Kikis Kare LLC SC$322K · 1.08%
Florence Ck SC$283K · 1.16%
3 Hearts LLC SC$278K · 1.82%
First Priority, Inc. SC$249K · 1.01%
Oaks of Orangeburg LLC SC$226K · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384194874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.