Anderson Brothers Bank of Mullins 401(k) match, vesting and fees
What Anderson Brothers Bank of Mullins' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | South State Rps | Schedule C ↗ |
| Independent auditor | Elliott Davis LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Anderson Brothers Bank of Mullins: employer contribution per participant | $2,838 | |
| Peer median | $2,868 |
| Anderson Brothers Bank of Mullins: average balance | $130,757 | |
| Peer median | $95,281 |
| Anderson Brothers Bank of Mullins: admin expenses ÷ assets | 0.20% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $40.9M at the end of plan year 2021 to $50.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 463 | $50.6M | $1.1M | $2,838 | 0.20% | Not published | Form 5500 ↗ |
| 2023 | 455 | $44.2M | $978K | $2,680 | 0.20% | Not published | Form 5500 ↗ |
| 2022 | 440 | $39.2M | $873K | $2,321 | 0.21% | Not published | Form 5500 ↗ |
| 2021 | 381 | $40.9M | $765K | $2,415 | 0.24% | Not published | Form 5500 ↗ |
Common questions
Does Anderson Brothers Bank of Mullins match 401(k) contributions?
The match terms for the Anderson Brothers Bank of Mullins 401k Employee Stock Ownership Plan have not been published from its filing yet. The plan year 2024 filing reports $1.1M in employer contributions, about $2,838 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Anderson Brothers Bank of Mullins 401(k) match vested?
The vesting schedule for the Anderson Brothers Bank of Mullins 401k Employee Stock Ownership Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Anderson Brothers Bank of Mullins 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is South State Rps. The plan administrator is Anderson Brothers Bank of Mullins.
I left Anderson Brothers Bank of Mullins. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Anderson Brothers Bank of Mullins, (843) 464-6271) or the recordkeeper, South State Rps. The Anderson Brothers Bank of Mullins old 401(k) page lists the contacts from every plan filing. Find an old Anderson Brothers Bank of Mullins 401(k)
Data from the public Form 5500 annual reports Anderson Brothers Bank of Mullins filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Anderson Brothers Bank of Mullins. Not financial advice. Report a correction · Methodology