Plans » Benchmarking Engine
Benchmarking Clement Rivers, LLP Profit Sharing and Salary Deferred Plan in Charleston, SC against
good (8)
neutral (4)
Clement Rivers, LLP Profit Sharing and Salary Deferred Plan in Charleston, SC has the 3rd-highest average account balance ($260,242) of the 255 South Carolina plans. That $260,242 compares to an average of $69,648 across those 255 plans.
Beating the average of $69,648 means an extra $20,774,784 in total assets.
Note: average account balance = total assets ÷ total participants
Clement Rivers, LLP Profit Sharing and Salary Deferred Plan has these standings among those 255 peer plans:
Beating the average of $69,648 means an extra $20,774,784 in total assets.
Note: average account balance = total assets ÷ total participants
Clement Rivers, LLP Profit Sharing and Salary Deferred Plan has these standings among those 255 peer plans:
- average account balance = $260,242 (3rd-highest)
- total assets = $28,366,399 (64th-most)
- total participants = 109 (4th-fewest)
- average account balance. Higher values are better. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in state. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Clement Rivers, LLP Profit Sharing and Salary Deferred Plan in Charleston, SC is in South Carolina, its EIN is 570471590, its industry group is Legal Services, its plan administrator is Brad Walbeck, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 541110, has 100 to 499 total participants, is better than the overall participant averages in each of average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (4 total), and is lower than the overall administrative medians in each of other administrative expenses, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- net assets (assets minus liabilities) ($28.40M)
- total assets ($28,366,399)
- total assets at beginning of plan year ($28,179,855)
- value of interest in registered investment companies (e.g., mutual funds) ($26.10M)
- total income ($5,488,323)
- total expenses ($5,301,779)
- earnings on investments ($4,246,075)
- net earnings on investments ($4,238,097)
- value of interest in common/collective trusts ($2,120,389)
- total contributions ($1,242,248)
- cash contributions from participants ($572,559)
- cash contributions from employers ($461,733)
- average account balance ($260,242)
- net income ($186,544)
- participant loans ($118,432)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($12,840)
- investment advisory and management fees ($7,978)
- total administrative expenses ($7,678)
- average participant cash contribution per active participant ($7,340)
- average employer cash contribution per active participant ($5,920)
- net income per total participant ($1,711)
- corrective distributions ($546)
- total administrative expense per participant ($70.44)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- professional fees ($0)
- contract administrator fees ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- other administrative expenses (-$300)
- percentage of active participants (71.6%)
- yield on beginning-of-plan-year total assets (15.04%)
- diversity of asset types (9.3%)
- participant loans as a percentage of plan assets (0.42%)
- total cash as a percentage of plan assets (0.05%)
- total administrative expense ratio (0.027%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (78)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (109)
- other retired or separated participants entitled to future benefits (31)
- retired or separated participants receiving benefits (0)
- total participants (109)
Global References