Plan Ledger DOL Form 5500 · updated monthly

Galerie Living, LLC401(k)

GALERIE MANAGEMENT, LLC 401(K) PLAN · ATLANTA, GA · plan year 2022

Reported admin expense ratio · 2022
0.82%

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

Galerie Living, LLC reported $4,127 in plan administrative expenses for 2022: 0.82% of average plan assets, below the peer median. Employer contributions averaged $210 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (2,079th of 2,160), and 11,275th of 11,911 in health care & social assistance. In 2022, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$592,920
Participants with balances36
Active participants459
Employer contributions$96,586
Employee contributions$185,790
Employer contribution per active participant$210
Average account balance$16,470
Benefits paid to participants$21,490
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$4,127
Total administrative$4,127
The Galerie Living, LLC 401(k) match · 2022
Employer contribution per active participant$210
Median for plans this size$331

Galerie Living, LLC's 2022 employer contribution ran below the $331 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$4,127 · 0.82%
Similar plansHealth Care & Social Assistance · Georgia
Med-Lake, LLC GA$775K · 1.24%
Ameripro Ems LLC GA$643K · 0.57%
Dentfirst PC GA$607K · 0.78%
Mlh Salude - Gwinnett LLC GA$505K · 0.80%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 472328474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.