Plan Ledger DOL Form 5500 · updated monthly

Cleveland Group, Inc.401(k)

CLEVELAND GROUP, INC. AND SUBSIDIARIES 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Cleveland Group, Inc. reported $1,390 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,220 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 fell from 0.13% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 554th-largest of 2,160 plans among Georgia employers on file, and the 1,248th of 5,337 in construction. In 2024, employees put in $4.37 for every $1.00 the employer contributed; active participation has grown from 129 to 145 since 2022.

Plan summary
Net assets, end of year$39,486,996
Participants with balances172
Active participants145
Employer contributions$321,961
Employee contributions$1,406,122
Employer contribution per active participant$2,220
Average account balance$229,576
Benefits paid to participants$1,058,310
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 172 accts · $322K emplr
2023$34.5M · 154 accts · $310K emplr
2022$30.2M · 146 accts · $281K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,390
Total administrative$1,390
The Cleveland Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,220
Median for plans this size$2,416
2024$2,220 per active participant
2023$2,298 per active participant
2022$2,182 per active participant

Cleveland Group, Inc.'s 2024 employer contribution ran below 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 · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$1,390

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$1,390 · 0.00%
2023$28,650 · 0.09%
2022$43,499 · 0.13%
Similar plansConstruction · Georgia
Burton + Burton GA$54.6M · 0.19%
Nth Degree, Inc. GA$40.1M · 0.06%
H.J. Russell & Company GA$36.0M · 0.25%
Knapp Inc. GA$35.1M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 586019940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.