Plan Ledger DOL Form 5500 · updated monthly

Williams & Fudge, Inc.401(k)

WILLIAMS & FUDGE, INC. RETIREMENT SAVINGS PLAN · ROCK HILL, SC · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Williams & Fudge, Inc. reported $37,246 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,584 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 0.22% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 210th-largest of 807 plans among South Carolina employers on file, and the 498th of 2,534 in administrative & support services. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 221 to 251 since 2022.

Plan summary
Net assets, end of year$26,178,774
Participants with balances292
Active participants251
Employer contributions$648,460
Employee contributions$1,336,523
Employer contribution per active participant$2,584
Average account balance$89,653
Benefits paid to participants$2,860,547
Plan auditUnmodified (clean) audit opinion
AuditorMELISSA G. CRITCHER CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$26.2M · 292 accts · $648K emplr
2023$23.8M · 285 accts · $568K emplr
2022$21.5M · 278 accts · $608K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,290
Investment management$31,956
Total administrative$37,246
The Williams & Fudge, Inc. 401(k) match · 2024
Employer contribution per active participant$2,584
Median for plans this size$2,416
2024$2,584 per active participant
2023$2,368 per active participant
2022$2,749 per active participant

Williams & Fudge, Inc.'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
LPL FINANCIAL · Recordkeeping · Trustee$31,955
ADP, INC. · Loan processing · Recordkeeping$5,290

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

Recordkeeper by year2
2024ADP, LPL Financial
2023ADP, LPL Financial, Wells Fargo

This plan has changed recordkeepers within these filings. If you left Williams & Fudge, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$37,246 · 0.15%
2023$45,180 · 0.20%
2022$52,868 · 0.22%
Same employer
Similar plansAdministrative & Support Services · South Carolina
Propel Peo, Inc. SC$85.4M · 0.73%
Amarok, LLC SC$19.3M · 0.45%
Technica LLC SC$16.6M · 1.31%
Gc Avantech, LLC SC$13.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570826165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.