Plan Snapshot
- Plan Sponsor: Southern States Savings & Retirement Plan Trust
- Sponsor EIN: 591785571
- Sponsor Address: 1910 82ND AVENUE, VERO BEACH, FL, 32966
- Plan Type: DC
- Plan Number: 001
- Total Participants: 13,898
- Total Assets: $192.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 13,898 | $192.9M | $10.6M | $2.7M |
| 2023 | 13,122 | $178.2M | $10.4M | $2.5M |
| 2022 | 13,258 | $160.4M | $9.0M | $2.5M |
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 |
|---|---|---|---|---|
| ATLANTA CAPITAL MANAGEMENT CO., LLC | Other Service Provider | $594,503 | — | $594,503 |
| SIERRA INVESTMENT PARTNERS INC. | Other Service Provider | $169,540 | — | $169,540 |
| WASHINGTON CAPITAL | Other Service Provider | $106,173 | — | $106,173 |
| BAAB & DENNISON LLP | Other Service Provider | $71,380 | — | $71,380 |
| LAPADULA CARLSON & CO. | Auditor | $52,516 | — | $52,516 |
| SEGALL BRYANT & HAMILL, LLC | Other Service Provider | $47,658 | — | $47,658 |
| CLEARBRIDGE INVESTMENTS | Other Service Provider | $32,712 | — | $32,712 |
| BENEFITS LAW GROUP | Other Service Provider | $12,825 | — | $12,825 |
| BMO HARRIS | Other Service Provider | $11,782 | — | $11,782 |
| ALBERT LEVY P.C. | Other Service Provider | $7,000 | — | $7,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAPADULA CARLSON & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,106,089
- Estimated Expense Ratio: 0.573% 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 | $1,980,512 | $1,018,290 | — | $52,516 | — |
| 2023 | $1,876,530 | $931,649 | — | $84,893 | — |
| 2022 | $1,722,046 | $873,995 | — | — | $133,959 |