Plan Snapshot
- Plan Sponsor: Southern States Packaging, INC.
- Sponsor EIN: 570401494
- Sponsor Address: P.O. BOX 650, SPARTANBURG, SC, 29304
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $12.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 161 | $12.0M | $114,558 | $728,658 |
| 2023 | 152 | $10.2M | $106,370 | $681,011 |
| 2022 | 147 | $8.0M | $102,980 | $643,665 |
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 |
|---|---|---|---|---|
| ELLIOTT DAVIS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOTT DAVIS LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $26,158 | $18,455 | — | — | — |
| 2023 | $22,729 | $15,668 | — | — | — |
| 2022 | $21,981 | $15,786 | $6,195 | — | — |