Plan Ledger DOL Form 5500 · updated monthly

Empower Brands Franchising, LLC401(k)

EMPOWER BRANDS FRANCHISING, LLC 401(K) RETIREMENT PLAN · ALPHARETTA, GA · plan year 2022

Reported admin expense ratio · 2022
0.57%

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

Empower Brands Franchising, LLC reported $53,770 in plan administrative expenses for 2022: 0.57% of average plan assets, above the peer median. Employer contributions averaged $1,384 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 (1,281st of 2,160), and 9,040th of 13,661 in manufacturing. In 2022, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,432,688
Participants with balances330
Active participants437
Employer contributions$604,847
Employee contributions$1,112,911
Employer contribution per active participant$1,384
Average account balance$28,584
Benefits paid to participants$2,123,017
Plan auditUnmodified (clean) audit opinion
AuditorSMITH + HOWARD ADVIRORY, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$53,770
Total administrative$53,770
The Empower Brands Franchising, LLC 401(k) match · 2022
Employer contribution per active participant$1,384
Median for plans this size$1,114

Empower Brands Franchising, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$53,770 · 0.57%
Same employer
Similar plansManufacturing · Georgia
Argos USA, LLC GA$9.9M · 0.10%
Rem Arms LLC GA$9.8M · 0.59%
Polyventive LLC GA$9.6M · 0.76%
Benson's, Inc. GA$9.4M · 0.12%
Refrigiwear, LLC GA$9.3M · 0.51%
Southeast Culvert, Inc. GA$9.2M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202199798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.