Plan Ledger DOL Form 5500 · updated monthly

Southeastern Grocers LLC401(k)

SOUTHEASTERN GROCERS 401(K) SAVINGS PLAN · JACKSONVILLE, FL · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Southeastern Grocers LLC reported $919,539 in plan administrative expenses for 2023: 0.11% of average plan assets, above the peer median. Employer contributions averaged $503 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 1 year on file its reported administrative ratio fell from 0.111% to 0.105%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other retail trade employers. By assets it is the 51st-largest of 3,644 plans among Florida employers on file, and the 72nd of 5,215 in retail trade. In 2023, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$914,148,658
Participants with balances11,511
Active participants26,424
Employer contributions$13,299,359
Employee contributions$27,590,393
Employer contribution per active participant$503
Average account balance$79,415
Benefits paid to participants$106,559,399
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$914.1M · 11,511 accts · $13.3M emplr
2022$836.9M · 12,123 accts · $13.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$593,776
Investment management$262,013
Total administrative$919,539
The Southeastern Grocers LLC 401(k) match · 2023
Employer contribution per active participant$503
Median for plans this size$4,362
2023$503 per active participant
2022$446 per active participant

Southeastern Grocers LLC's 2023 employer contribution ran below the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$595,162
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$198,263
CREATIVE PLANNING, LLC · Consulting · Investment advisory (plan)$127,500

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

Administrative cost history2
2023$919,539 · 0.11%
2022$1,043,677 · 0.11%
Similar plansRetail Trade · Florida
Odp International, LLC FL$1.3B · 0.09%
Autonation, Inc. FL$1.3B · 0.16%
Southeastern Grocers LLC FL$941.2M · 0.09%
Amsi FL$442.5M · 0.31%
Chewy, Inc. FL$315.0M · 0.22%
Marinemax, Inc. FL$233.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522260130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.