Plan Ledger DOL Form 5500 · updated monthly

Southern Poverty Law Center, Inc.401(k)

SOUTHERN POVERTY LAW CENTER, INC. 401(K) RETIREMENT PLAN · MONTGOMERY, AL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Southern Poverty Law Center, Inc. reported $19,550 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,856 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 rose from 0.01% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 108th-largest of 902 plans among Alabama employers on file, and the 303rd of 3,341 in other services. In 2024, the employer put in $1.33 for every $1.00 employees contributed themselves; active participation has shrunk from 394 to 343 since 2022.

Plan summary
Net assets, end of year$68,142,981
Participants with balances586
Active participants343
Employer contributions$4,066,523
Employee contributions$3,048,517
Employer contribution per active participant$11,856
Average account balance$116,285
Benefits paid to participants$4,275,240
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$68.1M · 586 accts · $4.1M emplr
2023$56.3M · 623 accts · $3.7M emplr
2022$45.2M · 611 accts · $3.1M emplr
The Southern Poverty Law Center, Inc. 401(k) match · 2024
Employer contribution per active participant$11,856
Median for plans this size$3,635
2024$11,856 per active participant
2023$8,938 per active participant
2022$7,969 per active participant

Southern Poverty Law Center, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$22,500

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$19,550 · 0.03%
2023$11,043 · 0.02%
2022$4,850 · 0.01%
Same employer
Similar plansOther Services · Alabama
Mercy Corps OR$68.8M · 0.18%
Ccfi Companies, LLC OH$68.5M · 0.32%
Metron, Inc. VA$67.7M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630598743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.