Plan Ledger DOL Form 5500 · updated monthly

Southern States, LLC401(k)

SOUTHERN STATES, LLC SALARIED EMPLOYEES SAVINGS PLAN · HAMPTON, GA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Southern States, LLC reported $80,313 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,872 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 0.39% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 854th-largest of 2,160 plans among Georgia employers on file, and the 5,818th of 13,661 in manufacturing. In 2024, employees put in $3.05 for every $1.00 the employer contributed; active participation has grown from 122 to 216 since 2022.

Plan summary
Net assets, end of year$20,604,887
Participants with balances199
Active participants216
Employer contributions$404,347
Employee contributions$1,231,455
Employer contribution per active participant$1,872
Average account balance$103,542
Benefits paid to participants$832,001
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.6M · 199 accts · $404K emplr
2023$17.0M · 186 accts · $348K emplr
2022$16.4M · 173 accts · $331K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,990
Investment management$50,323
Total administrative$80,313
The Southern States, LLC 401(k) match · 2024
Employer contribution per active participant$1,872
Median for plans this size$2,416
2024$1,872 per active participant
2023$1,721 per active participant
2022$2,712 per active participant

Southern States, LLC's 2024 employer contribution ran below the $2,416 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 · 20244
THE VANGUARD GROUP · Recordkeeping · Custodial (securities)$14,680
NORTHWESTERM MUTUAL · Investment advisory (participants) · Investment advisory (plan)$50,323
SWERDLIN AND COMPANY · Contract administrator · Pension consulting$12,410
ERISA SERVICES, INC. · Contract administrator · Pension consulting$2,900

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$80,313 · 0.43%
2023$72,198 · 0.43%
2022$70,904 · 0.39%
All plans at this employer2
SOUTHERN STATES, LLC SALARIED EMPLOYEES SAVINGS PLAN401(k)
SOUTHERN STATES, LLC HOURLY EMPLOYEES SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Georgia
Dustex LLC GA$21.5M · 0.37%
Formetco, Incorporated GA$21.5M · 0.17%
Kingspan Insulation LLC GA$20.7M · 0.42%
Verescence GA$20.3M · 0.29%
Theragenics Corporation GA$20.1M · 0.48%
Jindal Films Americas LLC GA$20.0M · 0.28%
Dulany Industries, Inc. GA$19.8M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 030493527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.