Plan Ledger DOL Form 5500 · updated monthly

George West Mental Health Foundation, Inc.403(b)

THE SKYLAND TRAIL RETIREMENT PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

George West Mental Health Foundation, Inc. reported $55,047 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $1,624 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 rose from 0.37% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,277th of 2,160), and the 5,847th of 11,911 in health care & social assistance. In 2024, employees put in $2.66 for every $1.00 the employer contributed; active participation has grown from 175 to 209 since 2022.

Plan summary
Net assets, end of year$9,556,393
Participants with balances278
Active participants209
Employer contributions$339,313
Employee contributions$901,396
Employer contribution per active participant$1,624
Average account balance$34,376
Benefits paid to participants$1,059,722
Plan auditUnmodified (clean) audit opinion
AuditorCARR RIGGS AND INGRAM, L.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 278 accts · $339K emplr
2023$8.3M · 241 accts · $283K emplr
2022$6.4M · 216 accts · $265K emplr
Employer contributions to the George West Mental Health Foundation, Inc. plan · 2024
Employer contribution per active participant$1,624
Median for plans this size$1,313
2024$1,624 per active participant
2023$1,211 per active participant
2022$1,517 per active participant

George West Mental Health Foundation, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$35,009
EMPOWER ADVISORY GROUP, LLC · Investment management$5,056
CARPENTER MORSE GROUP · Contract administrator$3,400

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$55,047 · 0.62%
2023$39,692 · 0.54%
2022$23,641 · 0.37%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Hospice Savannah, Inc. GA$10.2M · 0.02%
Nox Health Group, Inc. GA$9.1M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581489941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.