Plan Ledger DOL Form 5500 · updated monthly

Cinc Systems, LLC401(k)

CINC SYSTEMS, LLC 401(K) PLAN · DULUTH, GA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Cinc Systems, LLC reported $2,507 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,073 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 fell from 0.48% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,523rd of 2,160), and 9,327th of 11,654 in professional & technical services. In 2024, employees put in $4.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,169,366
Participants with balances166
Active participants249
Employer contributions$267,154
Employee contributions$1,088,746
Employer contribution per active participant$1,073
Average account balance$37,165
Benefits paid to participants$326,820
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history2
Yearassets · accounts · employer contribution
2024$6.2M · 166 accts · $267K emplr
2023$4.4M · 137 accts · $351K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,507
Total administrative$2,507
The Cinc Systems, LLC 401(k) match · 2024
Employer contribution per active participant$1,073
Median for plans this size$1,313
2024$1,073 per active participant
2023$1,947 per active participant

Cinc Systems, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,961
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$4
MMA SECURITIES · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history2
2024$2,507 · 0.05%
2023$21,060 · 0.48%
Same employer
Similar plansProfessional & Technical Services · Georgia
Croy Engineering, LLC GA$6.8M · 0.24%
Nebo Agency, LLC GA$6.6M · 0.70%
HR Partners, Inc. GA$6.6M · 0.63%
Leadingagile, L.L.C. GA$6.6M · 0.49%
Campbell & Brannon LLC GA$6.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202238997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.