Plan Ledger DOL Form 5500 · updated monthly

101 Concepts, LLC401(k)

101 CONCEPTS, LLC 401(K) PLAN · ACWORTH, GA · plan year 2022

Reported admin expense ratio · 2022
1.33%

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

101 Concepts, LLC reported $20,556 in plan administrative expenses for 2022: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $780 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Georgia (1,998th of 2,160), and 1,588th of 2,240 in accommodation & food services. In 2022, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,419,174
Participants with balances62
Active participants82
Employer contributions$63,926
Employee contributions$133,208
Employer contribution per active participant$780
Average account balance$22,890
Benefits paid to participants$87,063
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK ASKEW & CO., LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,556
Total administrative$20,556
The 101 Concepts, LLC 401(k) match · 2022
Employer contribution per active participant$780
Median for plans this size$1,114

101 Concepts, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,556 · 1.33%
Similar plansAccommodation & Food Services · Georgia
Augusta Riverfront, LLC GA$1.8M · 0.15%
Tm Restaurant Group, LLC GA$1.8M · 0.14%
Oxford Foods, Inc. GA$1.4M · 2.78%
Apsilon Hotels, LLC GA$1.1M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 202176716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.