Plan Ledger DOL Form 5500 · updated monthly

Greenlight Financial Technology, Inc401(k)

GREENLIGHT FINANCIAL TECHNOLOGY, INC 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Greenlight Financial Technology, Inc reported $27,519 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,185 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 1 year on file its reported administrative ratio fell from 0.32% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 641st-largest of 2,160 plans among Georgia employers on file, and the 3,916th of 11,654 in professional & technical services. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has shrunk from 462 to 299 since 2022.

Plan summary
Net assets, end of year$32,449,897
Participants with balances500
Active participants299
Employer contributions$2,148,244
Employee contributions$4,792,775
Employer contribution per active participant$7,185
Average account balance$64,900
Benefits paid to participants$5,016,191
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.4M · 500 accts · $2.1M emplr
2023$24.8M · 605 accts · $2.4M emplr
2022$16.6M · 605 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,385
Investment management$134
Total administrative$27,519
The Greenlight Financial Technology, Inc 401(k) match · 2024
Employer contribution per active participant$7,185
Median for plans this size$2,416
2024$7,185 per active participant
2023$3,925 per active participant
2022$5,889 per active participant

Greenlight Financial Technology, Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,385

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$27,519 · 0.10%
2023$65,446 · 0.32%
2022Not separately reported
Same employer
Similar plansProfessional & Technical Services · Georgia
Seatec Consulting Inc. GA$33.0M · 0.10%
Pyramid Consulting, Inc. GA$32.8M · 0.89%
Drew Eckl & Farnham LLP GA$32.7M · 0.11%
Ivision Scale, LLC GA$30.8M · 0.40%
Smith and Howard PC GA$30.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472550478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.