Plan Ledger DOL Form 5500 · updated monthly

Greensky LLC401(k)

GREENSKY TRADE CREDIT, LLC 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Greensky LLC reported $121,057 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $4,169 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 0.62% to 0.42%. 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 483rd-largest of 2,160 plans among Georgia employers on file, and the 2,868th of 11,654 in professional & technical services. In 2024, employees put in $1.25 for every $1.00 the employer contributed; active participation has grown from 351 to 971 since 2022.

Plan summary
Net assets, end of year$47,687,185
Participants with balances1,069
Active participants971
Employer contributions$4,048,553
Employee contributions$5,072,420
Employer contribution per active participant$4,169
Average account balance$44,609
Benefits paid to participants$5,393,527
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.7M · 1,069 accts · $4.0M emplr
2023$10.0M · 522 accts · $702K emplr
2022$9.6M · 481 accts · $374K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,057
Total administrative$121,057
The Greensky LLC 401(k) match · 2024
Employer contribution per active participant$4,169
Median for plans this size$2,416
2024$4,169 per active participant
2023$2,379 per active participant
2022$1,065 per active participant

Greensky LLC'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$85,649
CREATIVE PLANNING HOLDCO, LLC · Investment advisory (plan)$35,408

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$121,057 · 0.42%
2023$34,230 · 0.35%
2022$166,494 · 0.62%
Same employer
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Niit (USA), Inc. GA$48.5M · 0.24%
Symphona LLP GA$48.5M · 0.49%
Cardlytics, Inc. GA$48.2M · 0.22%
Windham Brannon, LLC GA$45.7M · 0.09%
Guided by Good GA$43.0M · 0.13%
Alliant Health Group, Inc. GA$42.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204797123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.