Plan Ledger DOL Form 5500 · updated monthly

Southeastern Equipment Co., Inc.401(k)

SOUTHEASTERN EQUIPMENT CO., INC. RETIREMENT SAVINGS 401K PLAN · CAMBRIDGE, OH · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

Southeastern Equipment Co., Inc. reported $22,883 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $0 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Ohio (2,475th of 3,295), and 1,457th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$5,481,218
Participants with balances98
Active participants198
Employer contributions$0
Employee contributions$500,611
Employer contribution per active participant$0
Average account balance$55,931
Benefits paid to participants$440,310
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES, INC.
The Southeastern Equipment Co., Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Southeastern Equipment Co., Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,883 · 0.38%
Same employer
Similar plansReal Estate & Leasing · Ohio
Adena Commercial LLC OH$6.8M · 0.49%
Brg Realty Group, LLC OH$6.7M · 0.67%
Amsdell Companies LLC OH$6.3M · 0.29%
Pacaso OH$5.5M · 0.10%
Fath Management Company OH$5.3M · 0.48%
Plk Communities LLC OH$5.2M · 0.15%
Thrive Companies OH$4.5M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341503254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.