Sanders Brothers Construction 401(k) match, vesting and fees

Plan year 2024 filingSanders Brothers Construction Company, Inc. 401(k) Profit Sharing Plan · Plan 001 · EIN 57-0639815Updated Oct 2026

What Sanders Brothers Construction's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $1.5M in employer contributions, about $4,351 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$151,824
Average account balance
357
Participants (end of year)
$52.8M
Plan assets (end of year)
<0.01%
Admin expenses ÷ assets

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.

RecordkeeperSouth State Retirement Plan ServiceSchedule C ↗
Independent auditorDcpas, LLC DBA Davis & Company Cpas (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.

Sanders Brothers Construction: employer contribution per participant$4,351
Peer median$2,411
Sanders Brothers Construction: average balance$151,824
Peer median$61,921
Sanders Brothers Construction: admin expenses ÷ assets<0.01%
Peer median0.39%

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 $32.3M at the end of plan year 2021 to $52.8M at the end of plan year 2024.

$32.3M2021$38.4M2022$46.5M2023$52.8M2024
End-of-year figures from each plan year's Form 5500 filing for the Sanders Brothers Construction plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024357$52.8M$1.5M$4,351<0.01%Not publishedForm 5500 ↗
2023355$46.5M$1.8M$5,1490.02%Not publishedForm 5500 ↗
2022332$38.4M$1.2M$3,8470.02%Not publishedForm 5500 ↗
2021306$32.3M$1.1M$3,6970.02%Not publishedForm 5500 ↗

Common questions

Does Sanders Brothers Construction match 401(k) contributions?

The match terms for the Sanders Brothers Construction Company, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $1.5M in employer contributions, about $4,351 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Sanders Brothers Construction 401(k) match vested?

The vesting schedule for the Sanders Brothers Construction Company, Inc. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Sanders Brothers Construction 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is South State Retirement Plan Service. The plan administrator is Sanders Brothers Construction Company, Inc..

I left Sanders Brothers Construction. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Sanders Brothers Construction Company, Inc., (843) 744-4261) or the recordkeeper, South State Retirement Plan Service. The Sanders Brothers Construction old 401(k) page lists the contacts from every plan filing. Find an old Sanders Brothers Construction 401(k)

Data from the public Form 5500 annual reports Sanders Brothers Construction 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 Sanders Brothers Construction. Not financial advice. Report a correction · Methodology