Plan Ledger DOL Form 5500 · updated monthly

Community Loans of America, Inc.401(k)

COMMUNITY LOANS OF AMERICA GROUP 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.61%

Community Loans of America, Inc. reported $68,972 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. 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 0.65% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Georgia (1,144th of 2,160), and 3,815th of 4,798 in finance & insurance. active participation has shrunk from 1,007 to 901 since 2022.

Plan summary
Net assets, end of year$11,732,096
Participants with balances282
Active participants901
Employer contributions—
Employee contributions$761,593
Employer contribution per active participant—
Average account balance$41,603
Benefits paid to participants$984,828
Plan auditUnmodified (clean) audit opinion
AuditorMSTILLER
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 282 accts
2023$11.0M · 296 accts
2022$9.8M · 327 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,367
Investment management$28,605
Total administrative$68,972
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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$40,367
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$28,605

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

Administrative cost history3
2024$68,972 · 0.61%
2023$61,210 · 0.59%
2022$73,373 · 0.65%
Same employer
Similar plansFinance & Insurance · Georgia
Solupay Consulting LLC GA$12.8M · 0.51%
First Ic Bank GA$12.7M · 0.17%
The Piedmont Bank GA$11.7M · 0.21%
Lendingpoint LLC GA$11.7M · 0.72%
Otr Capital GA$11.7M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582091993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.