# Peoplease LLC 401(k) Plan
Source: https://planprovider.pro/companies/peoplease-llc-401k-plan

> Peoplease LLC's 401(k) plan: 5,608 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Peoplease LLC

- **Sponsor EIN:** 570993401

- **Sponsor Address:** 177 MEETING PLACE SUITE 300, CHARLESTON, SC, 29401

- **Plan Type:** 401(k)

- **Total Participants:** 5,608

- **Total Assets:** $22.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|5,608|$22.9M|$599,828|$2.5M|

| 2023|4,803|$21.6M|$525,438|$2.4M|

| 2022|2,624|$19.3M|$510,858|$2.3M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| EMPOWER ANNUITY INSURANCE COMPANY O|RECORDKEEPER|$325,647|—|$325,647|

| GALLAGHER BENEFITS SERVICES|INVESTMENT ADVISOR|$90,062|—|$90,062|

| FRAZIER AND DEETER LLC|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $415,709

- **Estimated Expense Ratio:** 1.818% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$315,410|—|$314,243|—|—|

| 2023|$281,561|—|$280,858|—|—|

| 2022|$369,197|$311,976|$55,945|—|—|

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