Plan Ledger DOL Form 5500 · updated monthly

Harrison Design Associates, Inc.401(k)

HARRISON DESIGN ASSOCIATES 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.23%

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

Harrison Design Associates, Inc. reported $22,584 in plan administrative expenses for 2023: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,338 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 has held roughly steady near 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,210th of 2,160), and 7,788th of 11,654 in professional & technical services. In 2023, employees put in $3.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,662,266
Participants with balances135
Active participants105
Employer contributions$245,541
Employee contributions$897,080
Employer contribution per active participant$2,338
Average account balance$78,980
Benefits paid to participants$690,904
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK ASKEW & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $285K emplr
2023$10.7M · 135 accts · $246K emplr
2022$8.7M · 130 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25
Investment management$22,559
Total administrative$22,584
The Harrison Design Associates, Inc. 401(k) match · 2023
Employer contribution per active participant$2,338
Median for plans this size$1,308

Harrison Design Associates, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
OPPENHEIMER & CO INC · Investment advisory (plan)$22,559

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$22,584 · 0.23%
2022$22,599 · 0.24%
Similar plansProfessional & Technical Services · Georgia
Datum Software GA$11.1M · 0.41%
Bennett & Pless, Inc. GA$11.0M · 0.24%
Foy & Associates, PC GA$10.9M · 0.17%
Itineris NA, Inc. GA$10.9M · 0.49%
Ihrc, Inc. GA$10.6M · 0.18%
Booster Enterprises, Inc. GA$10.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582077818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.