Plan Ledger DOL Form 5500 · updated monthly

Custard Insurance Adjusters, Inc.401(k)

CUSTARD INSURANCE ADJUSTERS SAVINGS PLAN · NORCROSS, GA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Custard Insurance Adjusters, Inc. reported $40,662 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,130 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 0.06% to 0.09%. 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 the 493rd-largest of 2,160 plans among Georgia employers on file, and the 1,778th of 4,798 in finance & insurance. In 2024, employees put in $3.11 for every $1.00 the employer contributed; active participation has grown from 689 to 812 since 2022.

Plan summary
Net assets, end of year$45,934,894
Participants with balances828
Active participants812
Employer contributions$917,619
Employee contributions$2,853,384
Employer contribution per active participant$1,130
Average account balance$55,477
Benefits paid to participants$3,915,402
Plan auditUnmodified (clean) audit opinion
AuditorJARRARD, NOWELL & RUSSELL, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$45.9M · 828 accts · $918K emplr
2023$40.7M · 761 accts · $891K emplr
2022$33.9M · 699 accts · $831K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,100
Investment management$9,812
Total administrative$40,662
The Custard Insurance Adjusters, Inc. 401(k) match · 2024
Employer contribution per active participant$1,130
Median for plans this size$2,416
2024$1,130 per active participant
2023$1,207 per active participant
2022$1,207 per active participant

Custard Insurance Adjusters, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
COKER JAMES & CO · Accounting / audit$22,300
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$9,628
CIRA (CAMBRIDGE INVESTMENT RESEARCHindirect comp

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$40,662 · 0.09%
2023$21,919 · 0.06%
2022$21,280 · 0.06%
Same employer
Similar plansFinance & Insurance · Georgia
Pathstone GA$53.2M · 0.03%
Associated Credit Union GA$48.2M · 0.20%
Georgia United Credit Union GA$46.5M · 0.40%
Hb Wealth Management LLC GA$45.7M · 0.01%
Titlemax of Georgia, Inc. GA$43.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351188325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.