Plan Ledger DOL Form 5500 · updated monthly

Apmi, Inc. dba HR Strategies401(k)

HR STRATEGIES 401(K) PLAN · SUWANEE, GA · plan year 2023

Reported admin expense ratio · 2023
1.21%

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

Apmi, Inc. dba HR Strategies reported $360,836 in plan administrative expenses for 2023: 1.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,215 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is the 626th-largest of 2,160 plans among Georgia employers on file, and the 418th of 2,534 in administrative & support services. In 2023, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,802,046
Participants with balances741
Active participants1,110
Employer contributions$1,348,267
Employee contributions$2,970,503
Employer contribution per active participant$1,215
Average account balance$45,617
Benefits paid to participants$2,970,084
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,024
Investment management$323,812
Total administrative$360,836
The Apmi, Inc. dba HR Strategies 401(k) match · 2023
Employer contribution per active participant$1,215
Median for plans this size$2,440

Apmi, Inc. dba HR Strategies's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
WADLEY FINANCIAL GROUP LLC · Investment advisory (plan)$173,126
BLUESTAR AMERITAS$91,459
RETIREMENT PLAN ADMINISTRATORS · Contract administrator$72,777
LEAFHOUSE FINANCIAL ADVISORS$14,427

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2023$360,836 · 1.21%
Same employer
Similar plansAdministrative & Support Services · Georgia
Catalis Holdco, Inc. GA$50.9M · 0.02%
Soliant Health, LLC GA$44.2M · 0.46%
Melrose North America, Inc. GA$31.9M · 0.00%
Travel Incorporated GA$28.7M · 0.04%
Tsg Cennox, LLC GA$27.4M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582268123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.