Retirement plan

SOUTHERN SOIL ENVIRONMENTAL, LLC PROFIT SHARING PLAN

Name: SOUTHERN SOIL ENVIRONMENTAL, LLC - SOUTHERN SOIL ENVIRONMENTAL, LLC PROFIT SHARING PLAN (2024) Form 5500
Creator: SOUTHERN SOIL ENVIRONMENTAL, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHERN SOIL ENVIRONMENTAL, LLC PROFIT SHARING PLAN, SOUTHERN SOIL ENVIRONMENTAL, LLC

SOUTHERN SOIL ENVIRONMENTAL, LLCEIN 72-1161841Plan #002PY 2024

430 TIMBERS EAST DR - HAUGHTON, LA 710379797318-949-1501LinkedIn11-50 employeesoil & energy

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.1M

-0.3% from 2023

Total participants

-5.6% from 2023

Average account balance

$90,021

+5.6% from 2023

Annual return

11.15%

-1.05 pp from 2023

Benchmarks

See 676 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort676 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$3.06M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$90K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$110K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.15%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$13622

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$463K

$13622 / participant

Other / not subdivided$463K100.0%

% of EOY assets

15.132%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,021

$89,532+0.5%

$103,447-13.0%

$80,925+11.2%

Participation rate

100.0%

76.0%+24.0pp

80.5%+19.5pp

67.7%+32.3pp

Annual return

11.15%

22.80%-11.6pp

23.92%-12.8pp

35.65%-24.5pp

Employer contribution / active EE

$1,499

$4,023-62.7%

$4,678-68.0%

$2,756-45.6%

Participant deferral / active EE

$1,732

$5,459-68.3%

$6,624-73.9%

$4,299-59.7%

Admin fee / account holder

$13,622

$6,774+101.1%

$9,415+44.7%

$6,940+96.3%

SOUTHERN SOIL ENVIRONMENTAL, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHERN SOIL ENVIRONMENTAL, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion