Plan Ledger DOL Form 5500 · updated monthly

Southeastern Freight Lines, Inc.401(k)

SOUTHEASTERN FREIGHT LINES RETIREMENT SAVINGS PROGRAM · COLUMBIA, SC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Southeastern Freight Lines, Inc. reported $779,463 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $3,033 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 fell from 0.08% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 10th-largest of 807 plans among South Carolina employers on file, and the 34th of 2,677 in transportation & warehousing. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,159,907,184
Participants with balances9,891
Active participants8,448
Employer contributions$25,619,645
Employee contributions$60,246,160
Employer contribution per active participant$3,033
Average account balance$117,269
Benefits paid to participants$100,067,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2B · 9,891 accts · $25.6M emplr
2023$1.0B · 10,046 accts · $24.2M emplr
2022$897.2M · 10,178 accts · $24.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$252,079
Investment management$83,185
Audit (IQPA)$23,243
Trustee / custodial$179,600
Total administrative$779,463
The Southeastern Freight Lines, Inc. 401(k) match · 2024
Employer contribution per active participant$3,033
Median for plans this size$5,259
2024$3,033 per active participant
2023$2,814 per active participant
2022$2,764 per active participant

Southeastern Freight Lines, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20245
T. ROWE PRICE RPS INC · Recordkeeping · Loan processing$532,837
AON CONSULTING INC · Consulting$63,852
GRANT THORNTON LLP · Accounting / audit$23,243
CREATIVE PLANNING LLC · Consulting$13,333
QDRO CONSULTANTS · Custodial (securities)$6,000

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$779,463 · 0.07%
2023$818,110 · 0.08%
2022$820,163 · 0.08%
Same employer
Similar plansTransportation & Warehousing · South Carolina
Exel Inc. OH$1.2B · 0.07%
Spirit Airlines, Inc. FL$1.2B · 0.04%
Atlas Air, Inc. NY$1.1B · 0.04%
Univar Solutions USA Inc. IL$1.1B · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570301199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.