Plan Ledger DOL Form 5500 · updated monthly

Georgia Nut Company401(k)

GEORGIA NUT COMPANY 401(K) PROFIT SHARING PLAN · SKOKIE, IL · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Georgia Nut Company reported $51,293 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,168 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 0.24% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,446th-largest of 3,702 plans among Illinois employers on file, and the 1,515th of 4,246 in wholesale trade. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 362 to 479 since 2022.

Plan summary
Net assets, end of year$26,126,497
Participants with balances560
Active participants479
Employer contributions$1,038,628
Employee contributions$1,638,757
Employer contribution per active participant$2,168
Average account balance$46,654
Benefits paid to participants$2,011,452
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 560 accts · $1.0M emplr
2023$23.0M · 609 accts · $738K emplr
2022$19.8M · 552 accts · $757K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,404
Investment management$1,889
Total administrative$51,293
The Georgia Nut Company 401(k) match · 2024
Employer contribution per active participant$2,168
Median for plans this size$2,416
2024$2,168 per active participant
2023$1,864 per active participant
2022$2,092 per active participant

Georgia Nut Company's 2024 employer contribution ran below the $2,416 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$1,889

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$51,293 · 0.21%
2023$39,917 · 0.19%
2022$50,411 · 0.24%
Same employer
Similar plansWholesale Trade · Illinois
Jon-Don, LLC IL$27.8M · 0.39%
Chervon North America, Inc. IL$27.7M · 0.23%
Trim-Rite, Inc. IL$27.6M · 0.33%
Gerflor USA Inc IL$27.0M · 0.39%
O'Brien Steel Service Co. IL$25.9M · 0.17%
Florstar Sales, Inc. IL$25.6M · 0.35%
Swiss Steel USA, Inc. IL$25.2M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362284619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.