Plan Ledger DOL Form 5500 · updated monthly

Southeast Foods LLC401(k)

SOUTHEAST FOODS LLC 401(K) PROFIT SHARING PLAN & TRUST · MONROE, LA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Southeast Foods LLC reported $66,864 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $494 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 3 years on file its reported administrative ratio has held roughly steady near 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 257th-largest of 884 plans among Louisiana employers on file, and the 1,488th of 5,215 in retail trade. In 2024, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,516,377
Participants with balances126
Active participants210
Employer contributions$103,743
Employee contributions$321,325
Employer contribution per active participant$494
Average account balance$154,892
Benefits paid to participants$1,294,554
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 126 accts · $104K emplr
2023$18.5M · 134 accts · $104K emplr
2022$17.5M · 134 accts · $88K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,144
Investment management$63,720
Total administrative$66,864
The Southeast Foods LLC 401(k) match · 2024
Employer contribution per active participant$494
Median for plans this size$2,416
2024$494 per active participant
2023$484 per active participant
2022$430 per active participant

Southeast Foods LLC's 2024 employer contribution ran below the $2,416 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 · 20242
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$63,720
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$3,144

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$66,864 · 0.35%
2023$64,746 · 0.36%
2022$68,638 · 0.36%
Similar plansRetail Trade · Louisiana
Red Ball Oxygen Co., Inc. LA$21.0M · 0.03%
Stine, LLC dba Stine Lumber LA$19.1M · 0.25%
All Star Dodge, Inc. LA$18.1M · 0.58%
Walker Automotive, Inc. LA$17.3M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640559432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.