A group of friends (Jack, Allie, Sarah, Charlie, Michelle, and Eric) head to the Placid Pines Cemetery for a midnight game of hide and seek.

Michelle, Bobby's former lover, has organized a reunion of the friends at a campsite near the Placid Pines Cemetery in hopes of bringing closure to the horrific accident that occurred earlier.

The friends meet up at the campsite (with Veronica, Jack's girlfriend), where they are greeted by the groundskeeper, Peter Bishop, with whom Michelle strikes a good rapport.

Meanwhile, in an isolated shed, we see a bloodied man tied to a chair, awakening only to be brutally hacked to pieces by a masked assailant.

After sex with Jack is cut short due to premature ejaculation, his girlfriend wanders off to take a shower.

However, Allie and Jack are killed in short order, and as their bodies are discovered, chaos descends on the surviving friends.

Before Bobby leaves, he sees an incoming fax that reveals the identity of the body found in the woods: Peter Bishop.

Mitchell Hattaway of DVD Verdict panned the film, finding it to be "...boring, illogical in the extreme, and inept", and summarizing his review by writing The Graveyard "is the worst slasher flick I've ever seen".