Plan Ledger DOL Form 5500 · updated monthly

Americas Home Place, Inc.401(k)

AMERICAS HOME PLACE, INC. PROFIT SHARING PLAN · GAINESVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Americas Home Place, Inc. reported $109,578 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,065 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 3 years on file its reported administrative ratio has held roughly steady near 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 853rd-largest of 2,160 plans among Georgia employers on file, and the 1,980th of 5,337 in construction. In 2024, employees put in $3.30 for every $1.00 the employer contributed; active participation has grown from 457 to 546 since 2022.

Plan summary
Net assets, end of year$20,672,379
Participants with balances241
Active participants546
Employer contributions$581,237
Employee contributions$1,916,392
Employer contribution per active participant$1,065
Average account balance$85,778
Benefits paid to participants$1,737,493
Plan auditUnmodified (clean) audit opinion
AuditorBATES, CARTER, AND CO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 241 accts · $581K emplr
2023$17.5M · 227 accts · $486K emplr
2022$14.0M · 212 accts · $424K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,879
Investment management$67,699
Total administrative$109,578
The Americas Home Place, Inc. 401(k) match · 2024
Employer contribution per active participant$1,065
Median for plans this size$2,416
2024$1,065 per active participant
2023$1,092 per active participant
2022$929 per active participant

Americas Home Place, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
REGIONS BANK · Investment advisory (plan)$54,160
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,879
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,539

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$109,578 · 0.57%
2023$88,438 · 0.56%
2022$82,415 · 0.56%
Same employer
Similar plansConstruction · Georgia
Allison-Smith Company, LLC GA$21.4M · 0.28%
The Conlan Company GA$21.4M · 0.09%
Reinicke Athens Inc. GA$21.3M · 0.53%
Reeves Young, LLC GA$19.6M · 0.67%
Primus Builders, Inc. GA$17.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581216576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.