Plan Ledger DOL Form 5500 · updated monthly

Associated General Contractors of Georgia, Inc.401(k)

AGC RETIREMENT SAVINGS PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Associated General Contractors of Georgia, Inc. reported $1,092,331 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,231 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 0.59% to 0.52%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 155th-largest of 2,160 plans among Georgia employers on file, and the 297th of 5,337 in construction. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 4,545 to 5,784 since 2022.

Plan summary
Net assets, end of year$226,971,261
Participants with balances4,373
Active participants5,784
Employer contributions$7,121,400
Employee contributions$17,572,051
Employer contribution per active participant$1,231
Average account balance$51,903
Benefits paid to participants$20,673,529
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$227.0M · 4,373 accts · $7.1M emplr
2023$192.8M · 3,816 accts · $6.0M emplr
2022$163.2M · 3,641 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$498,714
Investment management$511,759
Audit (IQPA)$41,000
Trustee / custodial$39,880
Total administrative$1,092,331
The Associated General Contractors of Georgia, Inc. 401(k) match · 2024
Employer contribution per active participant$1,231
Median for plans this size$3,635
2024$1,231 per active participant
2023$1,278 per active participant
2022$1,166 per active participant

Associated General Contractors of Georgia, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20245
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$498,714
BENSOURCE EMPLOYEE BENEFITS · Investment advisory (participants) · Investment advisory (plan)$450,348
CAMBRIDGE INVESTMENT RESEARCH, INC.$61,411
SMITH & HOWARD · Accounting / audit$41,000
CHARLES SCHWAB BANK · Custodial (securities) · Loan processing$39,880

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,092,331 · 0.52%
2023$1,090,837 · 0.61%
2022$1,043,540 · 0.59%
Similar plansConstruction · Georgia
Kajima U.S.A. Inc. GA$244.9M · 0.05%
Artera Services, LLC GA$234.0M · 0.21%
Beazer Homes USA, Inc. GA$188.4M · 0.13%
The Wrench Group GA$137.1M · 1.17%
McKenney's, Inc. GA$129.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580144470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.