Plan Ledger DOL Form 5500 · updated monthly

Southern States Utility Trailer Sales, Inc.401(k)

SOUTHERN STATES UTILITY TRAILER SALES, INC. 401(K) RETIREMENT PLAN · PEARL, MS · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Southern States Utility Trailer Sales, Inc. reported $71,932 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,719 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 0.52% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 145th-largest of 367 plans among Mississippi employers on file, and the 1,466th of 3,341 in other services. In 2024, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,312,312
Participants with balances112
Active participants135
Employer contributions$367,104
Employee contributions$584,613
Employer contribution per active participant$2,719
Average account balance$109,931
Benefits paid to participants$1,004,751
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS, WEISS, HESTER & CO, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 112 accts · $367K emplr
2023$11.0M · 122 accts · $396K emplr
2022$9.3M · 116 accts · $440K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,062
Investment management$60,870
Total administrative$71,932
The Southern States Utility Trailer Sales, Inc. 401(k) match · 2024
Employer contribution per active participant$2,719
Median for plans this size$2,416
2024$2,719 per active participant
2023$2,850 per active participant
2022$3,409 per active participant

Southern States Utility Trailer Sales, Inc.'s 2024 employer contribution ran above 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 · 20242
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$11,062
MASCAGNI WEALTH MANAGEMENT · Investment advisory (plan)$58,410

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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

Administrative cost history3
2024$71,932 · 0.62%
2023$59,359 · 0.59%
2022$55,344 · 0.52%
Same employer
Similar plansOther Services · Mississippi
Navigator Credit Union MS$7.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640666992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.