Plan Ledger DOL Form 5500 · updated monthly

Southland Holdings, LLC401(k)

SOUTHLAND HOLDINGS, LLC 401(K) PROFIT SHARING PLAN · GRAPEVINE, TX · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Southland Holdings, LLC reported $225,209 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,034 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 0.07% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 759th-largest of 5,688 plans among Texas employers on file, and the 739th of 5,337 in construction. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has shrunk from 2,143 to 1,762 since 2022.

Plan summary
Net assets, end of year$80,567,533
Participants with balances667
Active participants1,762
Employer contributions$1,822,705
Employee contributions$4,089,098
Employer contribution per active participant$1,034
Average account balance$120,791
Benefits paid to participants$13,867,335
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$80.6M · 667 accts · $1.8M emplr
2023$78.8M · 713 accts · $1.9M emplr
2022$70.3M · 787 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,231
Investment management$93,128
Total administrative$225,209
The Southland Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,034
Median for plans this size$3,635
2024$1,034 per active participant
2023$1,141 per active participant
2022$863 per active participant

Southland Holdings, LLC'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.

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 · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$91,601
USI ADVISORS,INC.indirect comp

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$225,209 · 0.28%
2023$142,698 · 0.19%
2022$53,426 · 0.07%
Same employer
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E. E. Reed Co., LTD TX$89.5M · 0.01%
Brock Enterprises, LLC TX$88.0M · 0.30%
Mammoet USA South, Inc TX$82.0M · 0.40%
Chesmar Group, Inc. TX$78.6M · 0.69%
Pfeiffer & Son, LTD. TX$74.2M · 0.02%
J. Lee Milligan, Inc. TX$74.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204336627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.