Plan Ledger DOL Form 5500 · updated monthly

Southeast, Inc.401(k)

SOUTHEAST, INC. SAFE HARBOR 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Southeast, Inc. reported $89,335 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,443 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 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,380th-largest of 3,295 plans among Ohio employers on file, and the 3,841st of 11,911 in health care & social assistance. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,900,148
Participants with balances349
Active participants452
Employer contributions$652,110
Employee contributions$1,376,143
Employer contribution per active participant$1,443
Average account balance$54,155
Benefits paid to participants$1,390,713
Plan auditUnmodified (clean) audit opinion
AuditorK M & M
Plan history2
Yearassets · accounts · employer contribution
2024$18.9M · 349 accts · $652K emplr
2022$12.3M · 310 accts · $503K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,908
Investment management$57,099
Total administrative$89,335
The Southeast, Inc. 401(k) match · 2024
Employer contribution per active participant$1,443
Median for plans this size$2,416
2024$1,443 per active participant
2022$1,119 per active participant

Southeast, 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 · 20242
GERBER LLC · Investment advisory (plan)$57,427
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$31,908

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$89,335 · 0.52%
2022$68,107 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
South Community Inc. OH$20.2M · 0.52%
The Buckeye Ranch OH$19.6M · 0.40%
Pediatric Associates, Inc. OH$19.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310940189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.