Plan Ledger DOL Form 5500 · updated monthly

Sscp Management, Inc.401(k)

SSCP MANAGEMENT GROUP 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Sscp Management, Inc. reported $41,429 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $19 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 5 years on file its reported administrative ratio rose from 0.27% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (3,447th of 5,688), and the 690th of 2,240 in accommodation & food services. In 2024, employees put in $4.75 for every $1.00 the employer contributed; active participation has grown from 900 to 6,161 since 2019.

Plan summary
Net assets, end of year$7,700,083
Participants with balances1,452
Active participants6,161
Employer contributions$114,356
Employee contributions$543,726
Employer contribution per active participant$19
Average account balance$5,303
Benefits paid to participants$699,585
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$7.7M · 1,452 accts · $114K emplr
2023$6.8M · 900 accts · $79K emplr
2022$3.9M · 750 accts · $78K emplr
2019$4.0M · 1,583 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,634
Investment management$25,795
Total administrative$41,429
The Sscp Management, Inc. 401(k) match · 2024
Employer contribution per active participant$19
Median for plans this size$1,313
2024$19 per active participant
2023$21 per active participant
2022$31 per active participant
2019$159 per active participant

Sscp Management, 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
AMERITAS LIFE INSURANCE CORP · Recordkeeping$15,634
AMERITAS LIFE INSURANCE CORP · Investment advisory (participants)$25,794

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history4
2024$41,429 · 0.57%
2023$43,480 · 0.81%
2022$120,121 · 2.60%
2019$7,810 · 0.27%
Same employer
Similar plansAccommodation & Food Services · Texas
Pronto Management, LLC TX$7.5M · 0.41%
Hhg Companies, Inc. TX$7.5M · 0.32%
The Saxton Group, LLC TX$7.3M · 0.77%
Zaza Hospitality LLC TX$7.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274937438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.