Plan Ledger DOL Form 5500 · updated monthly

Akin Ford Corporation401(k)

AKIN FORD 401(K) EMPLOYEES SAVINGS PLAN · WINDER, GA · plan year 2024

Reported admin expense ratio · 2024
0.58%

Akin Ford Corporation reported $72,217 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. 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 0.55% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,068th-largest of 2,160 plans among Georgia employers on file, and the 2,071st of 5,215 in retail trade. active participation has grown from 300 to 383 since 2022.

Plan summary
Net assets, end of year$13,539,601
Participants with balances393
Active participants383
Employer contributions—
Employee contributions$1,678,812
Employer contribution per active participant—
Average account balance$34,452
Benefits paid to participants$1,414,224
Plan auditUnmodified (clean) audit opinion
AuditorSEYMOUR & PERRY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 393 accts
2023$11.5M · 389 accts
2022$9.4M · 400 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,217
Total administrative$72,217
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
RAYMOND JAMES FINANCIAL SERVICE · Recordkeeping · Trustee$8,937
ADP, INC. · Recordkeeping$7,269

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

Administrative cost history3
2024$72,217 · 0.58%
2023$63,210 · 0.61%
2022$59,545 · 0.55%
Same employer
Similar plansRetail Trade · Georgia
J C Lewis Motor Co., Inc. GA$15.0M · 0.38%
Elite Floor Design Inc. GA$13.2M · 0.08%
Lasseter Tractor Co Inc GA$13.0M · 0.61%
Tipperary Sales, Inc. GA$12.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580961275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.