Plan Ledger DOL Form 5500 · updated monthly

Southeastern Pneumatic, Inc.401(k)

SOUTHEASTERN PNEUMATIC 401(K) PLAN · ELLAVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Southeastern Pneumatic, Inc. reported $17,923 in plan administrative expenses for 2024: 0.54% of average plan assets, above 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.

Across the 2 years on file its reported administrative ratio fell from 0.61% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Georgia (1,772nd of 2,160), and 4,200th of 5,215 in retail trade.

Plan summary
Net assets, end of year$3,529,581
Participants with balances102
Active participants87
Employer contributions$0
Employee contributions$161,396
Employer contribution per active participant$0
Average account balance$34,604
Benefits paid to participants$128,786
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 102 accts
2023$3.1M · 111 accts · $70K emplr
2022$2.7M · 109 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,675
Investment management$15,248
Total administrative$17,923
The Southeastern Pneumatic, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Southeastern Pneumatic, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
EDWARD JONES · Investment advisory (plan)$15,248
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$2,675

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

Administrative cost history3
2024$17,923 · 0.54%
2023$17,255 · 0.60%
2022$18,861 · 0.61%
Similar plansRetail Trade · Georgia
Augusta Sportswear, Inc. GA$3.9M · 0.37%
Stokes Hodges Auto Group GA$3.8M · 0.84%
Riverside Ford, Inc. GA$3.5M · 0.01%
Coastal Motor Sales, Inc. GA$3.5M · 0.99%
Wrbs Opco, LLC GA$3.2M · 0.32%
Town & Country Gas, Inc GA$3.1M · 1.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581754851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.