Plan Ledger DOL Form 5500 · updated monthly

The Ssi Group, LLC.401(k)

THE SSI GROUP, LLC EMPLOYEES' RETIREMENT SAVINGS PLAN · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The Ssi Group, LLC. reported $5,680 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,890 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 fell from 0.010% to 0.009%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 106th-largest of 902 plans among Alabama employers on file, and the 1,455th of 11,911 in health care & social assistance. In 2024, employees put in $2.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,116,930
Participants with balances437
Active participants327
Employer contributions$1,272,191
Employee contributions$3,577,340
Employer contribution per active participant$3,890
Average account balance$158,162
Benefits paid to participants$7,373,872
Plan auditUnmodified (clean) audit opinion
AuditorWILKINS MILLER
Plan history3
Yearassets · accounts · employer contribution
2024$69.1M · 437 accts · $1.3M emplr
2023$63.1M · 423 accts · $1.3M emplr
2022$51.8M · 427 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,680
Total administrative$5,680
The The Ssi Group, LLC. 401(k) match · 2024
Employer contribution per active participant$3,890
Median for plans this size$3,635
2024$3,890 per active participant
2023$3,839 per active participant
2022$3,671 per active participant

The Ssi Group, LLC.'s 2024 employer contribution ran above the $3,635 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
CHARLES SCHWAB & CO., INC. · Securities brokerage$72

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$5,680 · 0.01%
2023$5,540 · 0.01%
2022$5,650 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Premier Medical Group, Inc. AL$83.3M · 0.19%
Naphcare U.S., Inc. AL$61.1M · 0.33%
Oncology Specialties, P.C. AL$58.8M · 0.41%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 592715634 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.