Plan Ledger DOL Form 5500 · updated monthly

American Boa, Inc.401(k)

AMERICAN BOA 401(K) PLAN · CUMMING, GA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

American Boa, Inc. reported $1,788 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,442 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 fell from 0.014% to 0.012%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,028th-largest of 2,160 plans among Georgia employers on file, and 7,188th of 13,661 in manufacturing. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 125 to 170 since 2022.

Plan summary
Net assets, end of year$14,653,075
Participants with balances234
Active participants170
Employer contributions$245,079
Employee contributions$541,906
Employer contribution per active participant$1,442
Average account balance$62,620
Benefits paid to participants$2,337,645
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 234 accts · $245K emplr
2023$14.3M · 200 accts · $193K emplr
2022$12.3M · 196 accts · $181K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,788
Total administrative$1,788
The American Boa, Inc. 401(k) match · 2024
Employer contribution per active participant$1,442
Median for plans this size$2,416
2024$1,442 per active participant
2023$1,360 per active participant
2022$1,445 per active participant

American Boa, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,788
CAMBRIDGE INVESTMENT RESEARCHindirect comp

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$1,788 · 0.01%
2023$1,794 · 0.01%
2022$1,906 · 0.01%
Same employer
Similar plansManufacturing · Georgia
Bridon American Corporation GA$15.2M · 0.29%
Peachtree Packaging, Inc. GA$15.1M · 0.66%
Lee Container, LLC GA$14.7M · 0.50%
Relex Solutions, Inc. GA$14.2M · 0.58%
Parkway Products, LLC GA$14.1M · 0.49%
Vivex Biologics, Inc. GA$14.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581812727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.