Harris Freeman-Southern Tea401(k)

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

Harris Freeman-Southern Tea reported $33,640 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $541 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 3 years on file its reported administrative ratio has held roughly steady near 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,657th of 2,160), and 11,409th of 13,661 in manufacturing. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 136 to 197 since 2022.