Plan Ledger DOL Form 5500 · updated monthly

Southeastern Container, Inc.401(k)

SOUTHEASTERN CONTAINER, INC. RETIREMENT SAVINGS PLAN · ENKA, NC · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Southeastern Container, Inc. reported $154,837 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $4,556 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 0.15% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 243rd-largest of 2,005 plans among North Carolina employers on file, and the 2,193rd of 13,661 in manufacturing. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$82,616,303
Participants with balances570
Active participants445
Employer contributions$2,027,382
Employee contributions$2,793,318
Employer contribution per active participant$4,556
Average account balance$144,941
Benefits paid to participants$6,467,425
Plan auditUnmodified (clean) audit opinion
AuditorDMJPS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$82.6M · 570 accts · $2.0M emplr
2023$74.3M · 590 accts · $2.0M emplr
2022$65.2M · 616 accts · $2.0M emplr
The Southeastern Container, Inc. 401(k) match · 2024
Employer contribution per active participant$4,556
Median for plans this size$3,635
2024$4,556 per active participant
2023$4,345 per active participant
2022$4,167 per active participant

Southeastern Container, Inc.'s 2024 employer contribution ran above the $3,635 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$61,817
INDEPENDENT ADVISOR ALLIANCE · Consulting · Investment advisory (plan)$90,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$154,837 · 0.20%
2023$94,046 · 0.13%
2022$105,998 · 0.15%
Same employer
Similar plansManufacturing · North Carolina
Genpak LLC NC$86.8M · 0.26%
Powersecure, Inc. NC$83.0M · 0.15%
Technimark LLC NC$80.1M · 0.33%
Parkdale Mills, Inc. NC$77.8M · 0.32%
Insteel Industries, Inc. NC$76.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561336585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.