Plan Ledger DOL Form 5500 · updated monthly

Southern Crown Partners, LLC401(k)

SOUTHERN CROWN PARTNERS, LLC RETIREMENT PLAN · FITZGERALD, GA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Southern Crown Partners, LLC reported $179,689 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,471 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 3 years on file its reported administrative ratio has held roughly steady near 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 627th-largest of 2,160 plans among Georgia employers on file, and the 1,224th of 4,246 in wholesale trade. In 2024, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,638,976
Participants with balances850
Active participants700
Employer contributions$1,029,575
Employee contributions$2,378,093
Employer contribution per active participant$1,471
Average account balance$39,575
Benefits paid to participants$2,132,399
Plan auditUnmodified (clean) audit opinion
AuditorWEBSTER ROGERS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$33.6M · 850 accts · $1.0M emplr
2023$29.0M · 914 accts · $682K emplr
2022$21.6M · 744 accts · $668K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,928
Investment management$77,761
Total administrative$179,689
The Southern Crown Partners, LLC 401(k) match · 2024
Employer contribution per active participant$1,471
Median for plans this size$2,416
2024$1,471 per active participant
2023$966 per active participant
2022$934 per active participant

Southern Crown Partners, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$101,928
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$62,428
NEXTCAPITAL GROUP, INC. · Investment advisory (plan)$15,332

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$179,689 · 0.57%
2023$144,872 · 0.57%
2022$135,892 · 0.59%
Same employer
Similar plansWholesale Trade · Georgia
Rinnai America Corporation GA$36.4M · 0.38%
Ingenico, Inc. GA$35.9M · 0.25%
Unipro Foodservice, Inc. GA$35.3M · 0.17%
Deutz Corporation GA$34.0M · 0.21%
Koki Holdings America LTD. GA$32.1M · 0.09%
Acella Pharmaceuticals, LLC GA$31.6M · 0.80%
Medicraft, Inc. GA$30.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260397238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.