Plan Ledger DOL Form 5500 · updated monthly

Anverse, Inc.401(k)

ANVERSE, INC. RETIREMENT SAVINGS PLAN · CARTERSVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Anverse, Inc. reported $13,608 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $821 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 0.10% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Georgia (1,183rd of 2,160), and the 1,566th of 3,341 in other services. In 2024, employees put in $2.95 for every $1.00 the employer contributed; active participation has grown from 252 to 280 since 2022.

Plan summary
Net assets, end of year$11,006,924
Participants with balances256
Active participants280
Employer contributions$229,889
Employee contributions$678,861
Employer contribution per active participant$821
Average account balance$42,996
Benefits paid to participants$1,246,725
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 256 accts · $230K emplr
2023$10.0M · 238 accts · $214K emplr
2022$9.0M · 211 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,185
Investment management$5,423
Total administrative$13,608
The Anverse, Inc. 401(k) match · 2024
Employer contribution per active participant$821
Median for plans this size$2,416
2024$821 per active participant
2023$836 per active participant
2022$731 per active participant

Anverse, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,185
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,423

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$13,608 · 0.13%
2023$12,854 · 0.14%
2022$10,521 · 0.10%
Similar plansOther Services · Georgia
Atlanta Commercial Tire Inc GA$11.1M · 1.17%
The McGee Group, Inc. GA$10.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582507031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.