Plan Snapshot
- Plan Sponsor: Sc Trucking Association Group Insurance Trust
- Sponsor EIN: 814671151
- Sponsor Address: 2425 DEVINE STREET, COLUMBIA, SC, 29205
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 428
- Total Assets: $113,015
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 428 | $113,015 | $5.2M | $21,151 |
| 2023 | 498 | $64,713 | $5.7M | $12,375 |
| 2022 | 477 | $81,920 | $5.3M | $1,566 |
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 |
|---|---|---|---|---|
| MCGREGOR AND COMPANY LLP | Auditor | $12,000 | — | $12,000 |
| FIRST CITIZENS BANK | Other Service Provider | $5,040 | — | $5,040 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCGREGOR AND COMPANY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,040
- Estimated Expense Ratio: 15.078% 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 | $19,311 | — | — | — | — |
| 2023 | $19,266 | — | — | — | — |
| 2022 | $18,975 | — | — | — | $12,000 |