Plan Ledger DOL Form 5500 · updated monthly

Wateree Community Actions, IncDC plan

403(B) THRIFT PLAN OF WATEREE COMMUNITY ACTIONS, INC. · COLUMBIA, SC · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Wateree Community Actions, Inc reported $1,170 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $555 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 2 years on file its reported administrative ratio fell from 0.053% to 0.047%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in South Carolina (670th of 807), and 9,510th of 11,911 in health care & social assistance. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 112 to 227 since 2022.

Plan summary
Net assets, end of year$2,672,422
Participants with balances123
Active participants227
Employer contributions$126,048
Employee contributions$147,747
Employer contribution per active participant$555
Average account balance$21,727
Benefits paid to participants$187,206
Plan auditUnmodified (clean) audit opinion
AuditorTHE HOBBS GROUP, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 123 accts · $126K emplr
2023$2.4M · 126 accts · $119K emplr
2022$2.0M · 133 accts · $102K emplr
Employer contributions to the Wateree Community Actions, Inc plan · 2024
Employer contribution per active participant$555
Median for plans this size$1,313
2024$555 per active participant
2023$519 per active participant
2022$910 per active participant

Wateree Community Actions, Inc's 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,654

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,170 · 0.05%
2023$903 · 0.04%
2022$1,166 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
The Cypress Club, Inc. SC$3.6M · 0.78%
Medtrust Holdings, Inc. SC$2.8M · 1.86%
Vessel Medical, Inc. SC$1.9M · 1.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570524980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.