Plan Ledger DOL Form 5500 · updated monthly

Atlanta Fork Lifts, Inc.401(k)

ATLANTA FORK LIFTS, INC. 401(K) PROFIT SHARING PLAN · SUWANEE, GA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Atlanta Fork Lifts, Inc. reported $86,583 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,072 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 0.38%. 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 756th-largest of 2,160 plans among Georgia employers on file, and the 1,200th of 5,215 in retail trade. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 298 to 455 since 2022.

Plan summary
Net assets, end of year$25,144,429
Participants with balances307
Active participants455
Employer contributions$942,798
Employee contributions$2,074,909
Employer contribution per active participant$2,072
Average account balance$81,904
Benefits paid to participants$1,392,047
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 307 accts · $943K emplr
2023$20.8M · 267 accts · $1.2M emplr
2022$18.3M · 230 accts · $923K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,855
Investment management$57,728
Total administrative$86,583
The Atlanta Fork Lifts, Inc. 401(k) match · 2024
Employer contribution per active participant$2,072
Median for plans this size$2,416
2024$2,072 per active participant
2023$3,357 per active participant
2022$3,096 per active participant

Atlanta Fork Lifts, 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 · 20243
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$50,309
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,855
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,419

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$86,583 · 0.38%
2023$72,047 · 0.37%
2022$68,133 · 0.36%
Same employer
Similar plansRetail Trade · Georgia
Pope Automotive Group GA$27.4M · 1.48%
Crowes Management Company GA$25.7M · 0.62%
Purchasing Power LLC GA$25.7M · 0.43%
Stark Properties Inc GA$25.0M · 0.77%
Huddle House Inc. GA$23.9M · 1.70%
Kennesaw Motor Sales, Inc. GA$23.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581152676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.