Plan Ledger DOL Form 5500 · updated monthly

Southland Imports, Inc.401(k)

SUNTRUP 401(K) PLAN · SAINT LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Southland Imports, Inc. reported $62,687 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,342 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 0.16% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Missouri (736th of 1,393), and the 2,063rd of 5,215 in retail trade. In 2024, employees put in $3.64 for every $1.00 the employer contributed; active participation has grown from 208 to 231 since 2022.

Plan summary
Net assets, end of year$13,627,263
Participants with balances222
Active participants231
Employer contributions$310,035
Employee contributions$1,128,032
Employer contribution per active participant$1,342
Average account balance$61,384
Benefits paid to participants$764,005
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 222 accts · $310K emplr
2023$11.3M · 208 accts · $278K emplr
2022$9.3M · 206 accts · $293K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,687
Total administrative$62,687
The Southland Imports, Inc. 401(k) match · 2024
Employer contribution per active participant$1,342
Median for plans this size$2,416
2024$1,342 per active participant
2023$1,351 per active participant
2022$1,410 per active participant

Southland Imports, Inc.'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$62,687
RESOURCES INVESTMENT ADVISORS · Investment advisory (plan)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$62,687 · 0.50%
2023$51,308 · 0.50%
2022$15,837 · 0.16%
Same employer
Similar plansRetail Trade · Missouri
Black & McDonald, Inc. MO$15.5M · 0.58%
Carol House Furniture, Inc. MO$14.8M · 0.40%
Rw Supply and Design, LLC MO$13.1M · 0.45%
Russell Cellular, Inc. MO$12.2M · 1.88%
Chris Auffenberg Ford, Inc. MO$12.0M · 0.57%
St Charles Nissan, Inc MO$11.8M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430834316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.