Plan Ledger DOL Form 5500 · updated monthly

Gas South, LLC401(k)

GAS SOUTH 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Gas South, LLC reported $30,169 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,024 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 2 years on file its reported administrative ratio fell from 0.16% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 381st-largest of 2,160 plans among Georgia employers on file, and the 164th of 412 in utilities. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$65,144,435
Participants with balances522
Active participants416
Employer contributions$3,754,146
Employee contributions$2,900,117
Employer contribution per active participant$9,024
Average account balance$124,798
Benefits paid to participants$4,154,119
Plan auditUnmodified (clean) audit opinion
AuditorMCNAIR, MIDDLEBROOKS, AND MCLEMORE
Plan history3
Yearassets · accounts · employer contribution
2024$65.1M · 522 accts · $3.8M emplr
2023$53.9M · 521 accts · $3.4M emplr
2022$42.4M · 547 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,985
Investment management$1,184
Total administrative$30,169
The Gas South, LLC 401(k) match · 2024
Employer contribution per active participant$9,024
Median for plans this size$3,635
2024$9,024 per active participant
2023$7,921 per active participant
2022$7,769 per active participant

Gas South, LLC's 2024 employer contribution ran above the $3,635 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 · 20242
SAGEVIEW ADVISORY GROUP, LLC · Investment management$1,184

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$30,169 · 0.05%
2023$27,342 · 0.06%
2022$72,601 · 0.16%
Same employer
Similar plansUtilities · Georgia
Satilla Emc GA$30.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203608242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.