Plan Ledger DOL Form 5500 · updated monthly

E.G.O North America, Inc.401(k)

E.G.O. NORTH AMERICA, INC. 401(K) PROFIT SHARING PLAN · NEWNAN, GA · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

E.G.O North America, Inc. reported $90,861 in plan administrative expenses for 2023: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,958 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 3 years on file its reported administrative ratio has held roughly steady near 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,105th of 2,160), and 7,849th of 13,661 in manufacturing. In 2023, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,576,038
Participants with balances136
Active participants116
Employer contributions$227,155
Employee contributions$379,253
Employer contribution per active participant$1,958
Average account balance$92,471
Benefits paid to participants$2,379,182
Plan auditUnmodified (clean) audit opinion
AuditorJK BOATWRIGHT & CO, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 101 accts · $238K emplr
2023$12.6M · 136 accts · $227K emplr
2022$12.5M · 162 accts · $280K emplr
Administrative expenses, itemized · 2023
Investment management$90,861
Total administrative$90,861
The E.G.O North America, Inc. 401(k) match · 2023
Employer contribution per active participant$1,958
Median for plans this size$2,440
2024$3,051 per active participant
2023$1,958 per active participant
2022$2,455 per active participant

E.G.O North America, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
JOHN HANCOCK LIFE INSURANCE COMAPNY · Recordkeeping · Investment management$6,954
RAYMOND JAMES FSA, INC. · Investment advisory (participants)$38,126
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$210

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$90,238 · 0.72%
2023$90,861 · 0.72%
2022$106,818 · 0.74%
Same employer
Similar plansManufacturing · Georgia
Doehler North America, Inc. GA$12.9M · 0.33%
Lummus Corporation GA$12.9M · 0.26%
Showa Best Glove, Inc GA$12.8M · 0.01%
The Concrete Company GA$12.8M · 0.08%
Possiblenow, Inc. GA$12.5M · 0.07%
Wayne Davis Concrete Co. GA$12.4M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363100025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.