Plan Ledger DOL Form 5500 · updated monthly

Websterrogers, LLP401(k)

WEBSTERROGERS LLP 401(K) PLAN & TRUST · FLORENCE, SC · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Websterrogers, LLP reported $24,791 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,764 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 0.12% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 232nd-largest of 807 plans among South Carolina employers on file, and the 4,947th of 11,654 in professional & technical services. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,705,422
Participants with balances155
Active participants117
Employer contributions$440,332
Employee contributions$972,853
Employer contribution per active participant$3,764
Average account balance$152,938
Benefits paid to participants$2,211,723
Plan auditUnmodified (clean) audit opinion
AuditorTHE HOBBS GROUP, INC
Plan history3
Yearassets · accounts · employer contribution
2024$23.7M · 155 accts · $440K emplr
2023$21.7M · 155 accts · $418K emplr
2022$19.0M · 158 accts · $413K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,624
Trustee / custodial$9,167
Total administrative$24,791
The Websterrogers, LLP 401(k) match · 2024
Employer contribution per active participant$3,764
Median for plans this size$2,416
2024$3,764 per active participant
2023$3,570 per active participant
2022$3,860 per active participant

Websterrogers, LLP's 2024 employer contribution ran above the $2,416 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.

Service providers · 20242
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$15,624
NEWPORT TRUST COMPANY · Trustee$9,167

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$24,791 · 0.11%
2023$21,945 · 0.11%
2022$26,217 · 0.12%
Same employer
Similar plansProfessional & Technical Services · South Carolina
Clement Rivers, LLP SC$25.7M · 0.21%
Nexgen Data Systems, Inc. SC$22.8M · 0.53%
Peoplease LLC SC$22.8M · 1.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570776381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.