Plan Ledger DOL Form 5500 · updated monthly

Sutherlin Management, Inc.401(k)

SUTHERLIN MANAGEMENT, INC. 401(K) PLAN · WETUMPKA, AL · plan year 2022

Reported admin expense ratio · 2022
0.53%

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

Sutherlin Management, Inc. reported $43,357 in plan administrative expenses for 2022: 0.53% of average plan assets, above the peer median. Employer contributions averaged $465 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 1 year on file its reported administrative ratio rose from 0.53% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Alabama (532nd of 902), and 3,275th of 4,246 in wholesale trade. In 2022, employees put in $8.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,608,597
Participants with balances328
Active participants410
Employer contributions$190,608
Employee contributions$1,673,000
Employer contribution per active participant$465
Average account balance$23,197
Benefits paid to participants$1,296,985
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history2
Yearassets · accounts · employer contribution
2023$5.7M · 178 accts · $109K emplr
2022$7.6M · 328 accts · $191K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$43,357
Total administrative$43,357
The Sutherlin Management, Inc. 401(k) match · 2022
Employer contribution per active participant$465
Median for plans this size$1,114
2023$258 per active participant
2022$465 per active participant

Sutherlin Management, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$40,116 · 0.60%
2022$43,357 · 0.53%
Similar plansWholesale Trade · Alabama
Overseas Hardwoods Company AL$12.0M · 0.03%
Bangers L P AL$9.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582149495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.