Plan Ledger DOL Form 5500 · updated monthly

Great Southern Wood Preserving, Inc.401(k)

GREAT SOUTHERN WOOD PRESERVING, INC. 401(K) SALARY DEFERRAL PLAN · ABBEVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.32%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Great Southern Wood Preserving, Inc. reported $208,484 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,358 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.38% to 0.32%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 101st-largest of 902 plans among Alabama employers on file, and the 2,419th of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,871,516
Participants with balances1,266
Active participants1,905
Employer contributions$2,587,536
Employee contributions$4,823,475
Employer contribution per active participant$1,358
Average account balance$56,771
Benefits paid to participants$3,144,607
Plan auditUnmodified (clean) audit opinion
AuditorCARPENTER, WIGGINS, JORDAN, THMS
Plan history3
Yearassets · accounts · employer contribution
2024$71.9M · 1,266 accts · $2.6M emplr
2023$57.5M · 1,116 accts · $2.5M emplr
2022$42.8M · 962 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,756
Investment management$87,728
Total administrative$208,484
The Great Southern Wood Preserving, Inc. 401(k) match · 2024
Employer contribution per active participant$1,358
Median for plans this size$3,635
2024$1,358 per active participant
2023$1,300 per active participant
2022$980 per active participant

Great Southern Wood Preserving, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CAPITAL GROUP RETIREMENT PLAN SVCS.$105,909
SANCTUARY ADVISORS LLC · Investment advisory (plan)$87,728
WARREN AVERETT BENEIT CONSULTANTS · Contract administrator$22,947

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$208,484 · 0.32%
2023$180,687 · 0.36%
2022$171,947 · 0.38%
Same employer
Similar plansManufacturing · Alabama
Tractor & Equipment Company AL$83.9M · 0.25%
Cnhi, LLC AL$65.7M · 0.29%
Amerex Corporation AL$61.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630594831 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.