Plan Ledger DOL Form 5500 · updated monthly

Crider, Inc.401(k)

CRIDER, INC. 401(K) AND PROFIT SHARING PLAN · STILLMORE, GA · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Crider, Inc. reported $89,878 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $312 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 0.72% to 0.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,248th of 2,160), and 8,754th of 13,661 in manufacturing. In 2024, employees put in $5.97 for every $1.00 the employer contributed; active participation has grown from 526 to 797 since 2022.

Plan summary
Net assets, end of year$10,065,729
Participants with balances812
Active participants797
Employer contributions$248,906
Employee contributions$1,486,985
Employer contribution per active participant$312
Average account balance$12,396
Benefits paid to participants$1,791,566
Plan auditUnmodified (clean) audit opinion
AuditorCLEMENTS, PURVIS & STEWART, PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 812 accts · $249K emplr
2023$8.7M · 756 accts · $234K emplr
2022$6.8M · 343 accts · $158K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,020
Investment management$30,858
Total administrative$89,878
The Crider, Inc. 401(k) match · 2024
Employer contribution per active participant$312
Median for plans this size$1,313
2024$312 per active participant
2023$410 per active participant
2022$300 per active participant

Crider, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$59,020
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$30,858

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$89,878 · 0.96%
2023$71,156 · 0.91%
2022$53,161 · 0.72%
Same employer
Similar plansManufacturing · Georgia
Oriental Weavers USA Inc. GA$10.6M · 0.12%
Optima Chemical Group, LLC GA$10.3M · 0.02%
Argos USA, LLC GA$9.9M · 0.10%
Rem Arms LLC GA$9.8M · 0.59%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 581510471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.