Plan Ledger DOL Form 5500 · updated monthly

Georgia Crown Distributing Co.Profit-sharing plan

GEORGIA CROWN DISTRIBUTING CO. RETIREMENT SAVINGS · MCDONOUGH, GA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Georgia Crown Distributing Co. reported $226,300 in plan administrative expenses for 2024: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,211 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 0.50% to 0.42%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 415th-largest of 2,160 plans among Georgia employers on file, and the 709th of 4,246 in wholesale trade. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has grown from 727 to 1,016 since 2022.

Plan summary
Net assets, end of year$57,314,327
Participants with balances581
Active participants1,016
Employer contributions$1,230,298
Employee contributions$3,054,401
Employer contribution per active participant$1,211
Average account balance$98,648
Benefits paid to participants$4,966,422
Plan auditUnmodified (clean) audit opinion
AuditorDOUGHERTY, MCKINNON & LUBY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$57.3M · 581 accts · $1.2M emplr
2023$49.4M · 524 accts · $1.1M emplr
2022$40.9M · 564 accts · $897K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$216,561
Total administrative$226,300
Employer contributions to the Georgia Crown Distributing Co. plan · 2024
Employer contribution per active participant$1,211
Median for plans this size$3,635
2024$1,211 per active participant
2023$1,440 per active participant
2022$1,233 per active participant

Georgia Crown Distributing Co.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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

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$226,300 · 0.42%
2023$205,878 · 0.46%
2022$230,245 · 0.50%
Same employer
Similar plansWholesale Trade · Georgia
Yanmar America Corporation GA$73.2M · 0.29%
S.P. Richards Company GA$66.8M · 0.12%
Gourmet Foods International GA$58.6M · 0.29%
Triangle Chemical Company GA$56.4M · 0.18%
Tom Barrow Co. GA$54.3M · 0.26%
Fibervisions Corporation GA$49.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580551723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.