Plan Snapshot
- Plan Sponsor: Southern Beverage Company, INC.
- Sponsor EIN: 640289796
- Sponsor Address: 270 HIGHLAND COLONY PARKWAY, RIDGELAND, MS, 39157
- Plan Type: 401(k)
- Total Participants: 248
- Total Assets: $9.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 248 | $9.9M | $55,891 | $286,764 |
| 2023 | 231 | $9.5M | $56,966 | $287,351 |
| 2022 | 234 | $8.6M | $63,459 | $315,967 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GUARANTY PRIVATE WEALTH LLC | NONE | $33,857 | — | $33,857 |
| WATKINS WARD AND STAFFORD PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WATKINS WARD AND STAFFORD PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,857
- Estimated Expense Ratio: 0.342% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $39,185 | — | $39,185 | — | — |
| 2023 | $35,184 | — | $35,184 | — | — |
| 2022 | $33,346 | — | — | — | $33,346 |