Plan Ledger DOL Form 5500 · updated monthly

Southern Tank Transport, Inc.401(k)

SOUTHERN TANK TRANSPORT, INC. 401(K) PLAN · HOLLY HILL, SC · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Southern Tank Transport, Inc. reported $36,057 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $512 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 fell from 0.75% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in South Carolina (535th of 807), and 1,489th of 2,677 in transportation & warehousing. In 2024, employees put in $5.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,221,693
Participants with balances194
Active participants176
Employer contributions$90,075
Employee contributions$524,478
Employer contribution per active participant$512
Average account balance$32,071
Benefits paid to participants$875,229
Plan auditUnmodified (clean) audit opinion
AuditorDCPAS, LLC DBA DAVIS & COMPANY CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 194 accts · $90K emplr
2023$6.0M · 181 accts · $86K emplr
2022$5.1M · 170 accts · $86K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,678
Investment management$13,379
Total administrative$36,057
The Southern Tank Transport, Inc. 401(k) match · 2024
Employer contribution per active participant$512
Median for plans this size$1,313
2024$512 per active participant
2023$514 per active participant
2022$522 per active participant

Southern Tank Transport, Inc.'s 2024 employer contribution ran below the $1,313 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.

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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,678
FINTRUST CAPITAL ADV DBA FINTRUST · Investment advisory (plan)$13,333

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

Administrative cost history3
2024$36,057 · 0.59%
2023$42,903 · 0.77%
2022$42,319 · 0.75%
Same employer
Similar plansTransportation & Warehousing · South Carolina
Bgi, LLC SC$6.4M · 0.71%
Ats Logistics, Inc. SC$3.0M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570989604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.