Plan Ledger DOL Form 5500 · updated monthly

S&S Services Group, LLC401(k)

S&S SERVICES GROUP, LLC 401(K) PLAN · WILMINGTON, NC · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

S&S Services Group, LLC reported $28,883 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $1,026 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 rose from 0.02% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in North Carolina (1,110th of 2,005), and 1,110th of 2,096 in real estate & leasing. In 2024, employees put in $3.30 for every $1.00 the employer contributed; active participation has shrunk from 415 to 319 since 2022.

Plan summary
Net assets, end of year$9,994,450
Participants with balances375
Active participants319
Employer contributions$327,343
Employee contributions$1,079,140
Employer contribution per active participant$1,026
Average account balance$26,652
Benefits paid to participants$830,700
Plan auditUnmodified (clean) audit opinion
AuditorEARNEY & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 375 accts · $327K emplr
2023$8.0M · 318 accts · $295K emplr
2022$6.1M · 300 accts · $441K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,383
Audit (IQPA)$10,500
Total administrative$28,883
The S&S Services Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,026
Median for plans this size$1,313
2024$1,026 per active participant
2023$1,050 per active participant
2022$1,063 per active participant

S&S Services Group, LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,383
EARNEY & CO · Accounting / audit$10,500

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$28,883 · 0.32%
2023$14,790 · 0.21%
2022$1,656 · 0.02%
Same employer
Similar plansReal Estate & Leasing · North Carolina
Biltmore Farms, LLC NC$11.0M · 0.25%
Westminster Company NC$10.4M · 0.53%
Msc Development, Inc. NC$9.8M · 0.48%
Southwood Realty Company NC$9.0M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562131953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.