Plan Ledger DOL Form 5500 · updated monthly

Applied Software Technology, LLC.401(k)

APPLIED SOFTWARE TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Applied Software Technology, LLC. reported $54,465 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,669 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 0.67% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,003rd-largest of 2,160 plans among Georgia employers on file, and the 1,879th of 5,215 in retail trade. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has shrunk from 165 to 121 since 2022.

Plan summary
Net assets, end of year$15,276,677
Participants with balances190
Active participants121
Employer contributions$443,968
Employee contributions$975,995
Employer contribution per active participant$3,669
Average account balance$80,404
Benefits paid to participants$1,645,558
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 190 accts · $444K emplr
2023$10.3M · 146 accts · $575K emplr
2022$12.1M · 130 accts · $704K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,980
Investment management$40,485
Total administrative$54,465
The Applied Software Technology, LLC. 401(k) match · 2024
Employer contribution per active participant$3,669
Median for plans this size$2,416
2024$3,669 per active participant
2023$4,915 per active participant
2022$4,268 per active participant

Applied Software Technology, LLC.'s 2024 employer contribution ran above 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
FORUSALL · Investment advisory (plan)$40,485

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$54,465 · 0.43%
2023$46,181 · 0.41%
2022$87,030 · 0.67%
Same employer
Similar plansRetail Trade · Georgia
Currey & Company, Inc. GA$16.2M · 0.01%
J C Lewis Motor Co., Inc. GA$15.0M · 0.38%
Akin Ford Corporation GA$13.5M · 0.58%
Elite Floor Design Inc. GA$13.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581484413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.