Plan Ledger DOL Form 5500 · updated monthly

Ssi Fire & Life Safety Holdings LLC401(k)

SSI FIRE & LIFE SAFETY LLC 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Ssi Fire & Life Safety Holdings LLC reported $68,987 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $1,023 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 3 years on file its reported administrative ratio has held roughly steady near 0.81%. 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 Tennessee (844th of 1,496), and 8,892nd of 13,661 in manufacturing. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 248 to 549 since 2022.

Plan summary
Net assets, end of year$9,781,766
Participants with balances245
Active participants549
Employer contributions$561,516
Employee contributions$921,872
Employer contribution per active participant$1,023
Average account balance$39,926
Benefits paid to participants$447,068
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 245 accts · $562K emplr
2023$7.2M · 192 accts · $553K emplr
2022$5.1M · 140 accts · $403K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,874
Investment management$22,113
Total administrative$68,987
The Ssi Fire & Life Safety Holdings LLC 401(k) match · 2024
Employer contribution per active participant$1,023
Median for plans this size$1,313
2024$1,023 per active participant
2023$1,399 per active participant
2022$1,624 per active participant

Ssi Fire & Life Safety Holdings LLC's 2024 employer contribution ran below 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.

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$46,874
DUNCAN WILLIAMS ASSET MANAGEMENT · Investment advisory (plan)$22,113

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$68,987 · 0.81%
2023$51,613 · 0.83%
2022$43,689 · 0.85%
Similar plansManufacturing · Tennessee
Schwan Cosmetics USA, Inc. TN$10.0M · 0.45%
Tpi Corporation TN$9.9M · 0.60%
Floats and Fuel Cells TN$9.9M · 0.21%
Envision Aesc US, LLC TN$9.9M · 0.55%
Jones Company, LLC TN$9.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872699975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.