Plan Ledger DOL Form 5500 · updated monthly

Georges Family Pharmacy, Inc.401(k)

GEORGES FAMILY PHARMACY, INC. 401(K) PLAN · BROOKVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Georges Family Pharmacy, Inc. reported $45,251 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $1,576 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 0.87% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Indiana (1,103rd of 1,562), and 3,494th of 5,215 in retail trade. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 150 to 175 since 2022.

Plan summary
Net assets, end of year$5,999,665
Participants with balances122
Active participants175
Employer contributions$275,729
Employee contributions$435,314
Employer contribution per active participant$1,576
Average account balance$49,178
Benefits paid to participants$530,338
Plan auditUnmodified (clean) audit opinion
AuditorBRADY WARE & SCHOENFELD
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 122 accts · $276K emplr
2023$5.3M · 122 accts · $245K emplr
2022$4.0M · 113 accts · $223K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,251
Total administrative$45,251
The Georges Family Pharmacy, Inc. 401(k) match · 2024
Employer contribution per active participant$1,576
Median for plans this size$1,313
2024$1,576 per active participant
2023$1,467 per active participant
2022$1,488 per active participant

Georges Family Pharmacy, 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 · 20241
THE RETIREMENT PLAN COMPANY, LLC · Recordkeeping$45,251

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

Recordkeeper by year2
2024THE RETIREMENT PLAN COMPANY, LLC
2023THE RETIREMENT PLAN COMPANY, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$45,251 · 0.80%
2023$38,428 · 0.83%
2022$34,706 · 0.87%
Same employer
Similar plansRetail Trade · Indiana
Slingshot, LP IN$6.5M · 0.79%
The Ridge Company, Inc. IN$6.2M · 0.66%
Gillman, Inc. IN$6.2M · 0.58%
Shoe Sensation, Inc. IN$5.2M · 0.50%
Good Oil Co., Inc. IN$4.7M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261399118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.