Plan Ledger DOL Form 5500 · updated monthly

Southern Star, Inc.401(k)

SOUTHERN STAR, INC. RETIREMENT SAVINGS PLAN · POTEAU, OK · plan year 2023

Reported admin expense ratio · 2023
1.10%

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

Southern Star, Inc. reported $85,443 in plan administrative expenses for 2023: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,202 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 has held roughly steady near 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Oklahoma (434th of 724), and 3,309th of 5,337 in construction. In 2023, the employer put in $5.41 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,568,702
Participants with balances97
Active participants212
Employer contributions$678,887
Employee contributions$125,501
Employer contribution per active participant$3,202
Average account balance$88,337
Benefits paid to participants$454,358
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$8.6M · 97 accts · $679K emplr
2022$7.0M · 121 accts · $610K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,172
Investment management$40,856
Trustee / custodial$4,415
Total administrative$85,443
The Southern Star, Inc. 401(k) match · 2023
Employer contribution per active participant$3,202
Median for plans this size$1,308
2023$3,202 per active participant
2022$3,022 per active participant

Southern Star, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ERISA PARTNERS · Recordkeeping · Loan processing$44,587
AVANTAX ADVISORY SERVICES, INC. · Investment advisory (participants) · Investment advisory (plan)$40,856

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

Administrative cost history2
2023$85,443 · 1.10%
2022$85,863 · 1.12%
Same employer
Similar plansConstruction · Oklahoma
Duit Holdings OK$10.7M · 0.02%
H.C. Employees, LLC OK$8.3M · 0.62%
Bh Group Holdings, LLC OK$8.2M · 0.84%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 731557611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.