What are the fees in the Elberton Granite Association 401(k) plan?

For plan year 2022, Elberton Granite Association reported $4,581 in plan administrative expenses, or 0.20% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the Elberton Granite Association 401(k) match?

In 2022, employer contributions to the Elberton Granite Association plan averaged $554 per active participant, below the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Elberton Granite Association 401(k)?

The average participant account balance was $29,758 for plan year 2022, based on 68 accounts.

Elberton Granite Association401(k)

Name: Elberton Granite Association 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ELBERTON GRANITE ASSOCIATION MEP · ELBERTON, GA · plan year 2022

Reported admin expense ratio · 2022

0.20%

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

Elberton Granite Association reported $4,581 in plan administrative expenses for 2022: 0.20% of average plan assets, below the peer median. Employer contributions averaged $554 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,943rd of 2,160), and 12,810th of 13,661 in manufacturing. In 2022, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,023,530
Participants with balances68
Active participants68
Employer contributions$37,660
Employee contributions$86,261
Employer contribution per active participant$554
Average account balance$29,758
Benefits paid to participants$227,746
Plan auditDisclaimer of opinion
AuditorTHE HOBBS GROUP, PA

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$4,581

Total administrative$4,581

The Elberton Granite Association 401(k) match · 2022

Employer contribution per active participant$554

Median for plans this size$1,114

Elberton Granite Association's 2022 employer contribution ran below the $1,114 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

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$4,581 · 0.20%

Similar plansManufacturing · Georgia
Resilux America, LLC GA$2.2M · 1.04%
Cowart Mulch Products, Inc. GA$2.1M · 0.08%
Elemaster US Inc. GA$2.1M · 0.40%
Tie Down Engineering, Inc. GA$2.0M · 0.02%
Pbr Inc GA$2.0M
First String Space, Inc. GA$2.0M · 0.03%
Dorsey Tire Co., Inc. GA$2.0M · 1.36%
Brooks Auto Parts, Inc. GA$1.9M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580610439 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.