Plan Ledger DOL Form 5500 · updated monthly

Southern Rigging Co. LLC401(k)

EDWARDS 401K PLAN · PADUCAH, KY · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Southern Rigging Co. LLC reported $25,240 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $2,191 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 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Kentucky (611th of 871), and 3,516th of 5,215 in retail trade. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,921,753
Participants with balances117
Active participants139
Employer contributions$304,612
Employee contributions$550,000
Employer contribution per active participant$2,191
Average account balance$50,613
Benefits paid to participants$430,824
Plan auditUnmodified (clean) audit opinion
AuditorDEMPSEY, VANTREASE AND FOLLIS, PLLC
Administrative expenses, itemized · 2024
Investment management$25,240
Total administrative$25,240
The Southern Rigging Co. LLC 401(k) match · 2024
Employer contribution per active participant$2,191
Median for plans this size$1,313

Southern Rigging Co. LLC'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.

Administrative cost history1
2024$25,240 · 0.47%
Similar plansRetail Trade · Kentucky
Paul's Fruit Market KY$6.8M · 0.21%
Republic Diesel Inc. KY$6.8M · 0.02%
Town & Country Ford, LLC KY$6.7M · 0.48%
Valu Discount, Inc. KY$6.1M · 0.48%
Paul Miller Ford, Inc. KY$4.2M · 0.60%
Bill Collins Ford, Inc KY$4.2M · 0.41%
Paducah Ford, Inc. KY$4.1M · 0.19%
Quantrell Cadillac Inc KY$3.8M · 1.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853838581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.