Plan Ledger DOL Form 5500 · updated monthly

Southeast Power Systems, Inc.ESOP

SOUTHEAST POWER SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ORLANDO, FL · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Southeast Power Systems, Inc. reported $1,768 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $15,974 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other other services employers. By assets it is the 1,728th-largest of 3,644 plans among Florida employers on file, and the 1,608th of 3,341 in other services.

Plan summary
Net assets, end of year$10,559,673
Participants with balances96
Active participants40
Employer contributions$638,978
Employee contributions—
Employer contribution per active participant$15,974
Average account balance$109,997
Benefits paid to participants$1,783,739
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$1,768
Total administrative$1,768
Employer contributions to the Southeast Power Systems, Inc. plan · 2022
Employer contribution per active participant$15,974
Median for plans this size$2,266

Southeast Power Systems, Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,768 · 0.01%
Similar plansOther Services · Florida
Enterprise Florida, Inc. FL$10.8M · 0.03%
Aris Global, LLC FL$10.8M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590814095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.