Plan Ledger DOL Form 5500 · updated monthly

Atlantic Coast Cotton401(k)

ATLANTIC COAST COTTON 401K PLAN · GAINESVILLE, VA · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Atlantic Coast Cotton reported $2,045 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $481 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 1 year on file its reported administrative ratio fell from 0.055% to 0.050%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Virginia (1,883rd of 2,266), and 3,716th of 4,246 in wholesale trade. In 2023, employees put in $2.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,438,381
Participants with balances114
Active participants105
Employer contributions$50,538
Employee contributions$142,449
Employer contribution per active participant$481
Average account balance$38,933
Benefits paid to participants$120,048
Plan auditUnmodified (clean) audit opinion
AuditorSAREEN & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $24K emplr
2023$4.4M · 114 accts · $51K emplr
2022$3.8M · 105 accts · $56K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,475
Investment management$220
Total administrative$2,045
The Atlantic Coast Cotton 401(k) match · 2023
Employer contribution per active participant$481
Median for plans this size$1,308
2023$481 per active participant
2022$577 per active participant

Atlantic Coast Cotton's 2023 employer contribution ran below the $1,308 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 · 20231
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$1,935

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

Administrative cost history3
2024Not separately reported
2023$2,045 · 0.05%
2022$2,308 · 0.05%
Similar plansWholesale Trade · Virginia
Nilit America Inc VA$4.8M · 0.40%
Cfe Equipment Corporation VA$4.8M · 0.65%
Tdbbs LLC VA$4.2M · 0.33%
Sagewater, LLC VA$2.7M · 1.72%
Riggs Oil Co, Inc. VA$1.9M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541387190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.