Plan Ledger DOL Form 5500 · updated monthly

Georgia Bridge and Concrete LLC401(k)

GP'S ENTERPRISES, INC. AND GEORGIA BRIDGE AND CONCRETE, LLC RETIREMENT PLAN · TUCKER, GA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Georgia Bridge and Concrete LLC reported $26,333 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $944 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 0.06% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Georgia (1,474th of 2,160), and 3,616th of 5,337 in construction. In 2024, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,823,912
Participants with balances288
Active participants199
Employer contributions$187,910
Employee contributions$573,387
Employer contribution per active participant$944
Average account balance$23,694
Benefits paid to participants$601,247
Plan auditUnmodified (clean) audit opinion
AuditorSEAY & WEISSINGER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 288 accts · $188K emplr
2023$6.0M · 286 accts · $156K emplr
2022$5.4M · 279 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,833
Audit (IQPA)$13,500
Total administrative$26,333
The Georgia Bridge and Concrete LLC 401(k) match · 2024
Employer contribution per active participant$944
Median for plans this size$1,313
2024$944 per active participant
2023$766 per active participant
2022$967 per active participant

Georgia Bridge and Concrete LLC's 2024 employer contribution ran below 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 · 20243
SEAY & WEISSINGER LLC · Accounting / audit$13,500
APRIO BENEFIT ADVISORS · Contract administrator$8,032

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$26,333 · 0.41%
2023$22,144 · 0.39%
2022$4,017 · 0.06%
Similar plansConstruction · Georgia
Massana, Inc. GA$7.0M · 0.38%
The Ginn Group, Inc. GA$7.0M · 0.48%
Division 5, LLC. GA$6.9M · 0.39%
Peach State Roofing, Inc. GA$6.9M · 0.07%
Cable East Inc GA$6.7M · 0.53%
Cmes, Inc. GA$6.4M · 0.52%
Vertical Earth, Inc. GA$6.4M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474990265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.