Plan Ledger DOL Form 5500 · updated monthly

Walter P. Rawl & Sons, Inc.401(k)

WALTER P. RAWL & SONS, INC. RETIREMENT PLAN · PELION, SC · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Walter P. Rawl & Sons, Inc. reported $85,563 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $652 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 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 352nd-largest of 807 plans among South Carolina employers on file, and the 357th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 559 to 646 since 2022.

Plan summary
Net assets, end of year$13,970,916
Participants with balances190
Active participants646
Employer contributions$421,212
Employee contributions$780,305
Employer contribution per active participant$652
Average account balance$73,531
Benefits paid to participants$823,473
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 190 accts · $421K emplr
2023$11.7M · 177 accts · $410K emplr
2022$9.6M · 177 accts · $369K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,563
Total administrative$85,563
The Walter P. Rawl & Sons, Inc. 401(k) match · 2024
Employer contribution per active participant$652
Median for plans this size$2,416
2024$652 per active participant
2023$595 per active participant
2022$660 per active participant

Walter P. Rawl & Sons, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
MERRILL LYNCH - EPS · Investment advisory (participants)$19,646
MERRILL LYNCH - PAS · Investment advisory (participants)$13,097

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$85,563 · 0.67%
2023$69,496 · 0.65%
2022$69,524 · 0.69%
Same employer
Similar plansAgriculture, Forestry & Fishing · South Carolina
Pure Fishing, Inc SC$89.0M · 0.17%
Canal Wood, LLC SC$21.5M · 0.24%
Arborgen Inc. SC$16.1M · 0.37%
Patten Seed Company SC$12.7M · 0.33%
Rei Automation, Inc. SC$4.4M · 0.34%
Alpha Genesis, Inc. SC$3.8M · 1.25%
Amplifiedag, Inc. SC$1.1M · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562043532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.