Plan Ledger DOL Form 5500 · updated monthly

Alexander Proudfoot Company401(k)

ALEXANDER PROUDFOOT COMPANY AND AFFILIATES 401(K) PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Alexander Proudfoot Company reported $98,534 in plan administrative expenses for 2023: 0.29% of average plan assets, above the peer median. Employer contributions averaged $5,832 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 0.27% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 617th-largest of 2,160 plans among Georgia employers on file, and the 3,744th of 11,654 in professional & technical services. In 2023, employees put in $1.79 for every $1.00 the employer contributed; active participation has shrunk from 26 to 15 since 2022.

Plan summary
Net assets, end of year$34,380,630
Participants with balances234
Active participants15
Employer contributions$87,487
Employee contributions$156,388
Employer contribution per active participant$5,832
Average account balance$146,926
Benefits paid to participants$4,225,691
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.3M · 222 accts · $66K emplr
2023$34.4M · 234 accts · $87K emplr
2022$33.3M · 257 accts · $5K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$72,012
Investment management$26,522
Total administrative$98,534
The Alexander Proudfoot Company 401(k) match · 2023
Employer contribution per active participant$5,832
Median for plans this size$2,440
2024$4,147 per active participant
2023$5,832 per active participant
2022$210 per active participant

Alexander Proudfoot Company's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 · 20232
JOHN HANCOCK · Recordkeeping · Investment management$1,622
MERRILL LYNCH · Investment advisory (participants)$26,522

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$102,457 · 0.30%
2023$98,534 · 0.29%
2022$111,660 · 0.27%
Similar plansProfessional & Technical Services · Georgia
Internap Holdings LLC GA$36.1M · 0.22%
Intralot USA GA$35.7M · 0.42%
Seatec Consulting Inc. GA$33.0M · 0.10%
Pyramid Consulting, Inc. GA$32.8M · 0.89%
Drew Eckl & Farnham LLP GA$32.7M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 650117058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.