Plan Ledger DOL Form 5500 · updated monthly

Southeast Forest Products Holdings, Inc.Profit-sharing plan

SOUTHEAST FOREST PRODUCTS 401(K) PLAN · MONTGOMERY, AL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Southeast Forest Products Holdings, Inc. reported $32,767 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $631 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 0.457%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Alabama (545th of 902), and 10,067th of 13,661 in manufacturing. In 2024, employees put in $3.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,181,066
Participants with balances78
Active participants131
Employer contributions$82,609
Employee contributions$264,302
Employer contribution per active participant$631
Average account balance$92,065
Benefits paid to participants$1,098,112
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.2M · 78 accts · $83K emplr
2022$5.9M · 96 accts · $122K emplr
Employer contributions to the Southeast Forest Products Holdings, Inc. plan · 2024
Employer contribution per active participant$631
Median for plans this size$1,313
2024$631 per active participant
2022$855 per active participant

Southeast Forest Products Holdings, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
MORGAN STANLEY · Investment advisory (plan)$13,260
EMPOWER ADVISORY GROUP, LLC · Investment management$3,662
AZALEA ADMINISTRATION, LLC · Contract administratorindirect comp

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

Administrative cost history2
2024$32,767 · 0.46%
2022$29,229 · 0.46%
Similar plansManufacturing · Alabama
Spoc Automation, Inc. AL$7.9M · 0.02%
Kth Leesburg Products LLC AL$7.2M · 0.21%
Renovation Brands, LLC AL$7.2M · 1.00%
Hyco Alabama, LLC AL$7.1M · 0.75%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 630784184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.