Plan Ledger DOL Form 5500 · updated monthly

Georgia Pain & Wellness Center, LLC401(k)

GEORGIA PAIN AND WELLNESS CENTER 401(K) PLAN · LAWRENCEVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Georgia Pain & Wellness Center, LLC reported $7,850 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,166 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 0.18%. 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 (1,616th of 2,160), and 7,886th of 11,911 in health care & social assistance. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 254 to 406 since 2022.

Plan summary
Net assets, end of year$5,048,886
Participants with balances117
Active participants406
Employer contributions$473,305
Employee contributions$660,366
Employer contribution per active participant$1,166
Average account balance$43,153
Benefits paid to participants$227,385
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 117 accts · $473K emplr
2023$3.6M · 135 accts · $235K emplr
2022$2.4M · 116 accts · $193K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,750
Total administrative$7,850
The Georgia Pain & Wellness Center, LLC 401(k) match · 2024
Employer contribution per active participant$1,166
Median for plans this size$1,313
2024$1,166 per active participant
2023$787 per active participant
2022$762 per active participant

Georgia Pain & Wellness Center, 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 · 20241
CANNON FINANCIAL STRATEGISTSindirect comp

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$7,850 · 0.18%
2023$1,849 · 0.06%
2022$1,345 · 0.06%
Similar plansHealth Care & Social Assistance · Georgia
Vsm Management, LLC GA$5.2M · 1.03%
The Sheltering Arms GA$5.1M · 0.76%
Cardiovascular Group, LLC GA$5.1M · 0.54%
Oaks Senior Living, LLC GA$4.9M · 1.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462591194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.