Plan Ledger DOL Form 5500 · updated monthly

Ellijay Telephone Company401(k)

ELLIJAY TELEPHONE COMPANY PROFIT SHARING PLAN · ELLIJAY, GA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Ellijay Telephone Company reported $128,128 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $6,881 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 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 479th-largest of 2,160 plans among Georgia employers on file, and the 529th of 2,199 in information & media. In 2024, the employer put in $1.48 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$48,178,430
Participants with balances169
Active participants155
Employer contributions$1,066,564
Employee contributions$722,195
Employer contribution per active participant$6,881
Average account balance$285,079
Benefits paid to participants$3,054,566
Plan auditUnmodified (clean) audit opinion
AuditorJ A JOHNSON AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$48.2M · 169 accts · $1.1M emplr
2023$42.9M · 170 accts · $1.1M emplr
2022$35.1M · 164 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,128
Audit (IQPA)$9,000
Total administrative$128,128
The Ellijay Telephone Company 401(k) match · 2024
Employer contribution per active participant$6,881
Median for plans this size$2,416
2024$6,881 per active participant
2023$7,011 per active participant
2022$7,208 per active participant

Ellijay Telephone Company's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$126,074
ASCENSUS · Contract administrator$2,054
DEMPSEY LORD SMITH LLC · Other servicesindirect comp
WILSHIRE ASSOCIATES INCORPORATED · Investment advisory (plan)indirect 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$128,128 · 0.28%
2023$116,520 · 0.30%
2022$110,987 · 0.29%
Same employer
Similar plansInformation & Media · Georgia
Ot Technology, Inc. GA$68.9M · 0.04%
Momentum Telecom, Inc. GA$46.5M · 0.37%
Smi Management, LLC GA$42.6M · 0.28%
Bakkt, LLC GA$40.4M · 0.21%
Calendly, LLC GA$39.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580233660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.