Plan Ledger DOL Form 5500 · updated monthly

Azalealand Management, Inc.401(k)

O&P SENIOR MANAGEMENT RETIREMENT PLAN · SAVANNAH, GA · plan year 2022

Reported admin expense ratio · 2022
2.21%

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

Azalealand Management, Inc. reported $7,314 in plan administrative expenses for 2022: 2.21% of average plan assets, higher than ~75% of peers. Employer contributions averaged $334 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (2,103rd of 2,160), and 11,518th of 11,911 in health care & social assistance. In 2022, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$356,726
Participants with balances36
Active participants163
Employer contributions$54,386
Employee contributions$99,820
Employer contribution per active participant$334
Average account balance$9,909
Benefits paid to participants$35,334
Plan auditUnmodified (clean) audit opinion
AuditorMARSHALL JONES
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,314
Total administrative$7,314
The Azalealand Management, Inc. 401(k) match · 2022
Employer contribution per active participant$334
Median for plans this size$331

Azalealand Management, Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,314 · 2.21%
Similar plansHealth Care & Social Assistance · Georgia
Mlh Salude - Gwinnett LLC GA$505K · 0.80%
The Place at Martinez GA$405K · 0.09%
Chmk Associates Inc GA$183K · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581819432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.