Plan Ledger DOL Form 5500 · updated monthly

Brown Service Company, Inc.401(k)

ITC HOLDING COMPANY 401(K) PLAN · WEST POINT, GA · plan year 2022

Reported admin expense ratio · 2022
0.52%

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

Brown Service Company, Inc. reported $37,524 in plan administrative expenses for 2022: 0.52% of average plan assets, above the peer median. Employer contributions averaged $2,602 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Georgia (1,483rd of 2,160), and 622nd of 786 in management of companies. In 2022, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,671,730
Participants with balances141
Active participants85
Employer contributions$221,211
Employee contributions$485,818
Employer contribution per active participant$2,602
Average account balance$47,317
Benefits paid to participants$719,034
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $171K emplr
2022$6.7M · 141 accts · $221K emplr
The Brown Service Company, Inc. 401(k) match · 2022
Employer contribution per active participant$2,602
Median for plans this size$1,114

Brown Service Company, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$37,524 · 0.52%
Similar plansManagement of Companies · Georgia
Georgia Banking Company GA$13.8M · 0.32%
Can Capital Inc. GA$7.8M · 0.04%
Ted's Montana Grill, Inc. GA$6.9M · 0.79%
A-Com Enterprises, Inc. GA$4.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263887216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.