Plan Ledger DOL Form 5500 · updated monthly

Associated Grocers of the South, Inc.401(k)

ASSOCIATED GROCERS OF THE SOUTH 401(K) PROFIT SHARING PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Associated Grocers of the South, Inc. reported $47,518 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $1,655 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 3 years on file its reported administrative ratio has held roughly steady near 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 443rd-largest of 902 plans among Alabama employers on file, and 2,798th of 4,246 in wholesale trade. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,914,028
Participants with balances261
Active participants195
Employer contributions$322,818
Employee contributions$606,123
Employer contribution per active participant$1,655
Average account balance$41,816
Benefits paid to participants$995,545
Plan auditUnmodified (clean) audit opinion
AuditorDENT MOSES
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 261 accts · $323K emplr
2023$9.8M · 262 accts · $322K emplr
2022$8.5M · 240 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,518
Total administrative$47,518
The Associated Grocers of the South, Inc. 401(k) match · 2024
Employer contribution per active participant$1,655
Median for plans this size$2,416
2024$1,655 per active participant
2023$1,616 per active participant
2022$1,593 per active participant

Associated Grocers of the South, Inc.'s 2024 employer contribution ran below 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 · 20246
ASCENSUS, LLC · Recordkeeping$22,916
ASCENSUS · Recordkeepingindirect comp
RESOURCES INVESTMENT ADVISORS · Investment advisory (plan)$15,502
ERISA SERVICES OD GEORGIA · Contract administrator$10,479
ONE DIGITAL · Investment advisory (plan)$5,958
NEXTCAPITAL GROUP · Investment advisory (plan)$59

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$47,518 · 0.46%
2023$46,217 · 0.51%
2022$46,716 · 0.48%
Same employer
Similar plansWholesale Trade · Alabama
Gabriella White, LLC AL$13.4M · 0.62%
Sabel Steel Service, Inc. AL$13.1M · 0.48%
Turner Supply Company AL$13.0M · 0.30%
Overseas Hardwoods Company AL$12.0M · 0.03%
Bangers L P AL$9.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630011690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.