Plan Ledger DOL Form 5500 · updated monthly

Cable East Inc401(k)

CABLE EAST INC - 401K · STATHAM, GA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Cable East Inc reported $31,261 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $2,710 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 0.49% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Georgia (1,484th of 2,160), and 3,637th of 5,337 in construction. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 163 to 196 since 2022.

Plan summary
Net assets, end of year$6,671,265
Participants with balances282
Active participants196
Employer contributions$531,142
Employee contributions$822,639
Employer contribution per active participant$2,710
Average account balance$23,657
Benefits paid to participants$372,017
Plan auditUnmodified (clean) audit opinion
AuditorRESJ, PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 282 accts · $531K emplr
2023$5.2M · 261 accts · $444K emplr
2022$3.7M · 226 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,261
Total administrative$31,261
The Cable East Inc 401(k) match · 2024
Employer contribution per active participant$2,710
Median for plans this size$1,313
2024$2,710 per active participant
2023$2,440 per active participant
2022$2,148 per active participant

Cable East Inc's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$31,260

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,261 · 0.53%
2023$26,560 · 0.60%
2022$17,739 · 0.49%
Same employer
Similar plansConstruction · Georgia
The Ginn Group, Inc. GA$7.0M · 0.48%
Division 5, LLC. GA$6.9M · 0.39%
Peach State Roofing, Inc. GA$6.9M · 0.07%
Cmes, Inc. GA$6.4M · 0.52%
Vertical Earth, Inc. GA$6.4M · 0.97%
Rh&A, LLC GA$6.3M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582017897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.