Plan Ledger DOL Form 5500 · updated monthly

Hallmark Systems, Inc.401(k)

HALLMARK SYSTEMS, INC. EMPLOYEES SAVINGS TRUST · MACON, GA · plan year 2022

Reported admin expense ratio · 2022
0.51%

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

Hallmark Systems, Inc. reported $21,161 in plan administrative expenses for 2022: 0.51% of average plan assets, above the peer median. Employer contributions averaged $6,091 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,841st of 2,160), and 9,366th of 11,911 in health care & social assistance. In 2022, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,852,143
Participants with balances25
Active participants12
Employer contributions$73,089
Employee contributions$151,018
Employer contribution per active participant$6,091
Average account balance$114,086
Benefits paid to participants$1,825,693
Plan auditUnmodified (clean) audit opinion
AuditorADAMSBROWN, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,400
Investment management$18,761
Total administrative$21,161
The Hallmark Systems, Inc. 401(k) match · 2022
Employer contribution per active participant$6,091
Median for plans this size$1,114

Hallmark Systems, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$21,161 · 0.51%
Similar plansHealth Care & Social Assistance · Georgia
Medzed, LLC GA$3.1M · 0.74%
Families First, Inc. GA$2.8M · 0.02%
C. Ross Management, LLC GA$2.7M · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582155640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.