Plan Ledger DOL Form 5500 · updated monthly

Southern Earth Sciences, Inc.401(k)

SOUTHERN EARTH SCIENCES, INC. 401(K) PLAN · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Southern Earth Sciences, Inc. reported $43,008 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $2,027 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 0.54% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Alabama (463rd of 902), and 8,002nd of 11,654 in professional & technical services. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,021,108
Participants with balances115
Active participants98
Employer contributions$198,634
Employee contributions$342,289
Employer contribution per active participant$2,027
Average account balance$87,140
Benefits paid to participants$686,828
Plan auditUnmodified (clean) audit opinion
AuditorWILKINS MILLER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 115 accts · $199K emplr
2023$8.9M · 124 accts · $112K emplr
2022$7.2M · 115 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,203
Investment management$25,805
Total administrative$43,008
The Southern Earth Sciences, Inc. 401(k) match · 2024
Employer contribution per active participant$2,027
Median for plans this size$1,313
2024$2,027 per active participant
2023$1,193 per active participant
2022$1,048 per active participant

Southern Earth Sciences, Inc.'s 2024 employer contribution ran above 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$23,249
EMPOWER ADVISORY GROUP, LLC · Investment management$2,556

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$43,008 · 0.46%
2023$33,747 · 0.42%
2022$42,206 · 0.54%
All plans at this employer2
SOUTHERN EARTH SCIENCES, INC. 401(K) PLAN401(k)
SOUTHERN EARTH SCIENCES, INC. PROFIT SHARING PLANESOP
Similar plansProfessional & Technical Services · Alabama
Oasys, Inc. AL$10.8M · 0.23%
Signalink Group Inc. AL$10.2M · 0.69%
Projectxyz, Inc. AL$9.7M · 0.04%
Seabrook Solutions LLC AL$9.2M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630710398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.