Southern States Savings & Retirement Plan TrustMoney purchase plan
SOUTHERN STATES SAVINGS & RETIREMENT PLAN TRUST · VERO BEACH, FL · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Southern States Savings & Retirement Plan Trust reported $1,980,512 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~90% of peers. Employer contributions averaged $762 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 1.00% to 1.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 190th-largest of 3,644 plans among Florida employers on file, and the 151st of 2,677 in transportation & warehousing. In 2024, the employer put in $3.87 for every $1.00 employees contributed themselves.
Southern States Savings & Retirement Plan Trust's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 591785571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.