Plan Ledger DOL Form 5500 · updated monthly

General Wholesale Company, Inc.401(k)

GENERAL WHOLESALE CO. , 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.99%

General Wholesale Company, Inc. reported $76,723 in plan administrative expenses for 2024: 0.99% 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 3 years on file its reported administrative ratio has held roughly steady near 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Georgia (1,355th of 2,160), and 3,161st of 4,246 in wholesale trade. active participation has grown from 436 to 560 since 2022.

Plan summary
Net assets, end of year$8,302,982
Participants with balances109
Active participants560
Employer contributions—
Employee contributions$439,821
Employer contribution per active participant—
Average account balance$76,174
Benefits paid to participants$532,178
Plan auditUnmodified (clean) audit opinion
AuditorNICHOLS, CAULEY, & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 109 accts
2023$7.2M · 100 accts
2022$5.9M · 100 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,723
Total administrative$76,723
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 · 20243
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$43,730
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$1,060
MERRIL LYNCH · Investment advisory (plan)$15,955

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

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Administrative cost history3
2024$76,723 · 0.99%
2023$63,156 · 0.97%
2022$61,859 · 0.96%
Same employer
Similar plansWholesale Trade · Georgia
Angelini Pharma, Inc. GA$9.0M · 0.12%
Jaipur Living, Inc. GA$8.6M · 0.06%
Clipper Petroleum, Inc. GA$8.3M · 0.65%
Taurus Holdings, Inc. GA$8.3M · 0.95%
Atlanco, LLC GA$7.9M · 0.42%
Lewis & Raulerson, Inc. GA$7.1M · 1.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580525744 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.