Plan Ledger DOL Form 5500 · updated monthly

Falcons Management LLC401(k)

FALCONS MANAGEMENT 401K PLAN · ATLANTA, GA · plan year 2022

Reported admin expense ratio · 2022
0.81%

Falcons Management LLC reported $32,007 in plan administrative expenses for 2022: 0.81% of average plan assets, higher than ~75% of peers. 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 0.81% to 1.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Georgia (1,794th of 2,160), and 1,142nd of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$3,322,392
Participants with balances134
Active participants354
Employer contributions—
Employee contributions$57,179
Employer contribution per active participant—
Average account balance$24,794
Benefits paid to participants$550,443
Plan auditUnmodified (clean) audit opinion
AuditorPBMARES
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 136 accts · $35K emplr
2023$3.2M · 19 accts · $24K emplr
2022$3.3M · 134 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$32,007
Total administrative$32,007
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.

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$49,737 · 1.52%
2023$8,130 · 0.25%
2022$32,007 · 0.81%
Same employer
Similar plansAccommodation & Food Services · Georgia
Fado Pubs, Inc GA$3.3M · 0.61%
Park Springs, LLC GA$3.1M · 0.64%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 824535685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.