Plan Ledger DOL Form 5500 · updated monthly

Amerisave Mortgage Corporation401(k)

AMERISAVE 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Amerisave Mortgage Corporation reported $148,789 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.65% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 730th-largest of 2,160 plans among Georgia employers on file, and 2,620th of 4,798 in finance & insurance. active participation has shrunk from 1,304 to 770 since 2022.

Plan summary
Net assets, end of year$26,367,480
Participants with balances996
Active participants770
Employer contributions$0
Employee contributions$2,856,119
Employer contribution per active participant$0
Average account balance$26,473
Benefits paid to participants$4,789,291
Plan auditUnmodified (clean) audit opinion
AuditorRICHEY MAY & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$26.4M · 996 accts
2023$24.8M · 1,003 accts · $10K emplr
2022$25.0M · 1,742 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$148,789
Total administrative$148,789
The Amerisave Mortgage Corporation 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Amerisave Mortgage Corporation'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 · 20241

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$148,789 · 0.58%
2023$180,237 · 0.72%
2022$171,326 · 0.65%
Similar plansFinance & Insurance · Georgia
Angel Oak Companies LP GA$28.8M · 0.28%
Angel Oak Companies GA$28.4M · 0.45%
Breckenridge Is, Inc. GA$26.3M · 0.02%
Yates LLC GA$25.0M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582235521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.