Plan Ledger DOL Form 5500 · updated monthly

Southern Design Services, Inc.401(k)

SOUTHERN DESIGN SERVICES, INC. SAVINGS & INVESTMENT PLAN · INMAN, SC · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Southern Design Services, Inc. reported $256 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $47 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in South Carolina (612th of 807), and 4,292nd of 5,337 in construction. In 2022, employees put in $14.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,802,307
Participants with balances54
Active participants205
Employer contributions$9,611
Employee contributions$137,294
Employer contribution per active participant$47
Average account balance$70,413
Benefits paid to participants$404,964
Plan auditUnmodified (clean) audit opinion
The Southern Design Services, Inc. 401(k) match · 2022
Employer contribution per active participant$47
Median for plans this size$1,114

Southern Design Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$256 · 0.01%
Same employer
Similar plansConstruction · South Carolina
Ame, Inc. SC$4.7M · 0.82%
Simpson Electric Company SC$4.6M · 0.37%
A.O. Hardee & Son, Inc. SC$4.6M · 0.94%
Wo Cantey Services, Inc. SC$3.8M · 0.69%
Cleland Site Prep, Inc. SC$3.1M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364497202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.