Sfr II, LLC401(k)
SFR II, LLC 401(K) SALARY REDUCTION PLAN · LOUISVILLE, KY · plan year 2023
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Sfr II, LLC reported $30,472 in plan administrative expenses for 2023: 1.97% of average plan assets, higher than ~90% of peers. Employer contributions averaged $205 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 1 year on file its reported administrative ratio fell from 2.14% to 1.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Kentucky (784th of 871), and 1,501st of 2,240 in accommodation & food services. In 2023, employees put in $5.42 for every $1.00 the employer contributed.
Sfr II, LLC's 2023 employer contribution ran below the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 814297371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.