Plan Snapshot
- Plan Sponsor: Websterrogers, LLP
- Sponsor EIN: 570776381
- Sponsor Address: 1411 SECOND LOOP ROAD, FLORENCE, SC, 29505
- Plan Type: DC
- Total Participants: 117
- Total Assets: $23.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 117 | $23.7M | $440,332 | $972,853 |
| 2023 | 117 | $21.7M | $417,696 | $945,738 |
| 2022 | 107 | $19.0M | $413,060 | $910,444 |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | RECORDKEEPER | $15,624 | — | $15,624 |
| NEWPORT TRUST COMPANY | TRUSTEE | $9,167 | — | $9,167 |
| THE HOBBS GROUP, INC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE HOBBS GROUP, INC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,791
- Estimated Expense Ratio: 0.105% 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 | $24,791 | — | $11,037 | — | — |
| 2023 | $21,945 | — | $11,295 | — | — |
| 2022 | $26,217 | — | $17,592 | — | $8,625 |