Plan Ledger DOL Form 5500 · updated monthly

Augusta Sportswear, Inc.401(k)

AUGUSTA SPORTSWEAR, INC. RETIREMENT-PROFIT SHARING · GROVETOWN, GA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Augusta Sportswear, Inc. reported $111,982 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,477 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 rose from 0.51% to 0.54%. 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 813th-largest of 2,160 plans among Georgia employers on file, and the 1,740th of 4,246 in wholesale trade. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has shrunk from 458 to 365 since 2022.

Plan summary
Net assets, end of year$22,236,829
Participants with balances790
Active participants365
Employer contributions$904,112
Employee contributions$1,340,422
Employer contribution per active participant$2,477
Average account balance$28,148
Benefits paid to participants$2,693,450
Plan auditUnmodified (clean) audit opinion
AuditorSEROTTA MADDOCKS EVANS AND CO CPA
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 790 accts · $904K emplr
2023$19.6M · 829 accts · $863K emplr
2022$16.2M · 661 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,629
Investment management$12,353
Total administrative$111,982
The Augusta Sportswear, Inc. 401(k) match · 2024
Employer contribution per active participant$2,477
Median for plans this size$2,416
2024$2,477 per active participant
2023$1,806 per active participant

Augusta Sportswear, Inc.'s 2024 employer contribution ran above 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 · 20244
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$10,500
HARDY REED LLC · Investment advisory (plan)$1,203
EMPOWER ADVISORY GROUP, LLC · Investment management$650

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$111,982 · 0.54%
2023$97,928 · 0.55%
2022$94,577 · 0.51%
Same employer
Similar plansWholesale Trade · Georgia
Lx Hausys America, Inc. GA$25.5M · 0.71%
Plumbing Distributors, Inc. GA$25.4M · 0.11%
Spanx, LLC GA$25.3M · 0.03%
Cheng Shin Rubber USA Inc GA$21.6M · 0.11%
Adisseo USA, Inc. GA$21.6M · 0.08%
Fox-Rowden-McBrayer, Inc. GA$21.2M · 0.07%
J & L Ventures, LLC GA$20.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201967626 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.