Plan Ledger DOL Form 5500 · updated monthly

Sos Global Express, Inc.401(k)

SOS GLOBAL EXPRESS, INC. 401(K) PLAN · NEW BERN, NC · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Sos Global Express, Inc. reported $48,935 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,614 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 0.33% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in North Carolina (1,071st of 2,005), and the 1,117th of 2,677 in transportation & warehousing. In 2024, employees put in $3.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,645,971
Participants with balances142
Active participants137
Employer contributions$221,172
Employee contributions$716,415
Employer contribution per active participant$1,614
Average account balance$74,972
Benefits paid to participants$925,762
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS JUDY AND TUCKER P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 142 accts · $221K emplr
2023$9.4M · 155 accts · $239K emplr
2022$9.2M · 129 accts · $223K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,488
Investment management$24,447
Total administrative$48,935
The Sos Global Express, Inc. 401(k) match · 2024
Employer contribution per active participant$1,614
Median for plans this size$2,416
2024$1,614 per active participant
2023$1,741 per active participant
2022$1,753 per active participant

Sos Global Express, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$24,487
RAYMOND JAMES · Recordkeeping · Trustee$24,447
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Raymond James
2023ADP, Morgan Stanley, Raymond James

This plan has changed recordkeepers within these filings. If you left Sos Global Express, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$48,935 · 0.49%
2023$45,823 · 0.49%
2022$34,374 · 0.33%
Same employer
Similar plansTransportation & Warehousing · North Carolina
Best Services Group, Inc. NC$16.2M · 0.86%
E.J. Pope & Son, Inc. NC$8.7M · 0.04%
System Logistics Corp NC$7.7M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561897797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.