Plan Ledger DOL Form 5500 · updated monthly

Atlantic Engineering Group, Inc.401(k)

ATLANTIC GROUP 401(K)PLAN · BUFORD, GA · plan year 2023

Reported admin expense ratio · 2023
1.00%

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

Atlantic Engineering Group, Inc. reported $30,749 in plan administrative expenses for 2023: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,121 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 rose from 0.92% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,789th of 2,160), and 10,403rd of 11,654 in professional & technical services. In 2023, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,363,202
Participants with balances145
Active participants224
Employer contributions$251,096
Employee contributions$499,117
Employer contribution per active participant$1,121
Average account balance$23,194
Benefits paid to participants$735,880
Plan auditDisclaimer of opinion
AuditorROYLE VAZQUEZ LLP
Plan history2
Yearassets · accounts · employer contribution
2023$3.4M · 145 accts · $251K emplr
2022$2.8M · 118 accts · $267K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,536
Investment management$20,340
Trustee / custodial$873
Total administrative$30,749
The Atlantic Engineering Group, Inc. 401(k) match · 2023
Employer contribution per active participant$1,121
Median for plans this size$1,308
2023$1,121 per active participant
2022$841 per active participant

Atlantic Engineering Group, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
BOK FINANCIAL ASSET MGMT INC · Recordkeeping · Consulting$29,876
CHARLES SCHWAB BANK · Trustee$873

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

Administrative cost history2
2023$30,749 · 1.00%
2022$25,449 · 0.92%
Similar plansProfessional & Technical Services · Georgia
Selectek Inc GA$3.7M · 0.28%
Hudson Mx GA$3.7M · 0.16%
Charter Global, Inc. GA$3.6M · 0.33%
Rwdc Industries, LLC GA$3.6M · 1.23%
Amr Resources, LLC GA$3.3M · 0.72%
Clark & Washington, PC GA$3.1M · 0.14%
Allyon, Inc. GA$3.0M · 1.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582227243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.