Plan Ledger DOL Form 5500 · updated monthly

Hawkins Parnell & Young, LLPProfit-sharing plan

HAWKINS PARNELL & YOUNG LLP 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Hawkins Parnell & Young, LLP reported $202,650 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $9,279 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 rose from 0.38% to 0.41%. 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 449th-largest of 2,160 plans among Georgia employers on file, and the 2,697th of 11,654 in professional & technical services. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 215 to 242 since 2022.

Plan summary
Net assets, end of year$51,548,455
Participants with balances400
Active participants242
Employer contributions$2,245,489
Employee contributions$2,675,502
Employer contribution per active participant$9,279
Average account balance$128,871
Benefits paid to participants$6,818,069
Plan auditUnmodified (clean) audit opinion
AuditorSANTI & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$51.5M · 400 accts · $2.2M emplr
2023$46.2M · 525 accts · $2.3M emplr
2022$34.8M · 410 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$202,650
Total administrative$202,650
Employer contributions to the Hawkins Parnell & Young, LLP plan · 2024
Employer contribution per active participant$9,279
Median for plans this size$2,416
2024$9,279 per active participant
2023$7,802 per active participant
2022$9,359 per active participant

Hawkins Parnell & Young, LLP'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 · 20244
TRANSAMERICA RET SOL LLC · Recordkeeping · Loan processing$124,453
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$5,119
MORGAN STANLEY GLOBAL BANKIN OPS · Investment advisory (plan)$70,041

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$202,650 · 0.41%
2023$159,966 · 0.39%
2022$147,452 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Georgia
Aptos, LLC GA$59.8M · 0.23%
Salesloft, Inc. GA$59.4M · 0.27%
Ebix, Inc. GA$52.8M · 0.27%
Fordharrison LLP GA$52.1M · 0.25%
Miller Zell Inc. GA$51.1M · 0.03%
The Weather Company, LLC GA$51.0M · 0.21%
Tricentis USA Corp. GA$51.0M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 580908407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.