Plan Ledger DOL Form 5500 · updated monthly

Generations Management Company, LLC401(k)

GENERATIONS MANAGEMENT COMPANY, LLC 401(K) RETIREMENT PLAN · VERNON, AL · plan year 2022

Reported admin expense ratio · 2022
1.76%

Generations Management Company, LLC reported $14,645 in plan administrative expenses for 2022: 1.76% 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.

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 Alabama (864th of 902), and 11,058th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$814,837
Participants with balances88
Active participants184
Employer contributions—
Employee contributions$45,350
Employer contribution per active participant—
Average account balance$9,260
Benefits paid to participants$18,394
Plan auditUnmodified (clean) audit opinion
AuditorSMITH DUKES & BUCKALEW LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,230
Total administrative$14,645
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$14,645 · 1.76%
Similar plansHealth Care & Social Assistance · Alabama
Pahos, Inc AL$927K · 0.00%
Ivy Creek Healthcare, LLC AL$491K · 0.23%
B.J.R.S., Inc. AL$210K · 2.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264465167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.