Plan Ledger DOL Form 5500 · updated monthly

Action Pact, Inc.403(b)

ACTION PACT, INC. 403(B) PLAN · WAYCROSS, GA · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Action Pact, Inc. reported $11,908 in plan administrative expenses for 2023: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $472 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 0.04% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,317th of 2,160), and 6,062nd of 11,911 in health care & social assistance. In 2023, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 371 to 411 since 2022.

Plan summary
Net assets, end of year$8,994,058
Participants with balances276
Active participants411
Employer contributions$193,870
Employee contributions$346,068
Employer contribution per active participant$472
Average account balance$32,587
Benefits paid to participants$284,055
Plan auditUnmodified (clean) audit opinion
AuditorDRAFFIN & TUCKER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 244 accts · $132K emplr
2023$9.0M · 276 accts · $194K emplr
2022$7.7M · 295 accts · $196K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,908
Total administrative$11,908
Employer contributions to the Action Pact, Inc. plan · 2023
Employer contribution per active participant$472
Median for plans this size$1,308
2024$309 per active participant
2023$472 per active participant
2022$529 per active participant

Action Pact, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processingindirect comp
EMPOWER ADVISORY FROUP, LLC · Investment management$4,913
ASCENSUS HOLDINGS INC DBA · Contract administrator$4,125

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$47,997 · 0.54%
2023$11,908 · 0.14%
2022$3,464 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Nox Health Group, Inc. GA$9.1M · 0.74%
Triage Holding, Inc. GA$9.0M · 0.72%
Rezolut, LLC GA$8.9M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581032805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.