Southland Steel Fabricators, Inc.401(k)
SOUTHLAND STEEL FABRICATORS, INC. 401(K) PLAN · AMITE, LA · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Southland Steel Fabricators, Inc. reported $8,387 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,510 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 4 years on file its reported administrative ratio rose from 0.07% to 0.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Louisiana (626th of 884), and 11,487th of 13,661 in manufacturing. In 2024, employees put in $1.09 for every $1.00 the employer contributed; active participation has grown from 166 to 374 since 2020.
Southland Steel Fabricators, Inc.'s 2024 employer contribution ran above the $1,313 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 721074477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.