Plan Ledger DOL Form 5500 · updated monthly

1915 South Co.401(k)

1915 SOUTH CO. 401(K) PLAN · THOMASVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

1915 South Co. reported $52,864 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $216 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.

Across the 2 years on file its reported administrative ratio rose from 0.77% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Georgia (1,588th of 2,160), and 3,678th of 5,215 in retail trade. In 2024, employees put in $5.95 for every $1.00 the employer contributed; active participation has grown from 362 to 446 since 2022.

Plan summary
Net assets, end of year$5,311,523
Participants with balances153
Active participants446
Employer contributions$96,413
Employee contributions$573,964
Employer contribution per active participant$216
Average account balance$34,716
Benefits paid to participants$808,895
Plan auditUnmodified (clean) audit opinion
AuditorCLEMENTS, PURVIS & STEWART, PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 153 accts · $96K emplr
2023$4.9M · 147 accts · $99K emplr
2022$3.9M · 147 accts · $103K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,780
Investment management$21,084
Total administrative$52,864
The 1915 South Co. 401(k) match · 2024
Employer contribution per active participant$216
Median for plans this size$1,313
2024$216 per active participant
2023$237 per active participant
2022$283 per active participant

1915 South Co.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$334
THOMASVILLE NATIONAL BANK · Investment advisory (participants)$21,084

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,864 · 1.03%
2023$45,008 · 1.02%
2022$29,912 · 0.77%
Same employer
Similar plansRetail Trade · Georgia
The Baran Company, LLC GA$5.8M · 0.27%
Gregory M. Parker, Inc. GA$5.8M · 1.09%
J. K. Holding Corporation GA$5.6M · 0.19%
Tko Motor Sales Inc. GA$5.3M · 1.23%
Nash Chevrolet Company GA$5.2M · 0.10%
Master Buick Gmc, Inc. GA$5.1M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580673620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.