Plan Ledger DOL Form 5500 · updated monthly

Southern Botanical, Inc.401(k)

SOUTHERN BOTANICAL 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Southern Botanical, Inc. reported $44,527 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $1,098 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 0.87% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (3,850th of 5,688), and 1,350th of 2,534 in administrative & support services. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,842,627
Participants with balances136
Active participants307
Employer contributions$336,938
Employee contributions$502,125
Employer contribution per active participant$1,098
Average account balance$42,960
Benefits paid to participants$869,687
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 136 accts · $337K emplr
2023$5.1M · 135 accts · $314K emplr
2022$3.7M · 112 accts · $260K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,009
Investment management$27,518
Total administrative$44,527
The Southern Botanical, Inc. 401(k) match · 2024
Employer contribution per active participant$1,098
Median for plans this size$1,313
2024$1,098 per active participant
2023$989 per active participant
2022$839 per active participant

Southern Botanical, Inc.'s 2024 employer contribution ran below the $1,313 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
ASCENSUS LLC · Loan processing · Recordkeeping$17,009
SANCTUARY ADVISORS LLC · Investment advisory (plan)$25,316

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$44,527 · 0.82%
2023$34,472 · 0.79%
2022$32,921 · 0.87%
Same employer
Similar plansAdministrative & Support Services · Texas
Horn Solutions, Inc. TX$6.4M · 0.71%
Trilogy Medwaste, Inc TX$6.3M · 0.85%
Cl Support Services, LLC TX$5.6M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752753077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.