Plan Ledger DOL Form 5500 · updated monthly

Huff, Powell & Bailey, LLC401(k)

HUFF, POWELL & BAILEY, LLC 401(K) P/S PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Huff, Powell & Bailey, LLC reported $63,672 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $4,834 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 0.42% to 0.30%. 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 793rd-largest of 2,160 plans among Georgia employers on file, and the 5,041st of 11,654 in professional & technical services. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 102 to 151 since 2022.

Plan summary
Net assets, end of year$23,092,487
Participants with balances193
Active participants151
Employer contributions$729,927
Employee contributions$1,131,712
Employer contribution per active participant$4,834
Average account balance$119,650
Benefits paid to participants$1,164,454
Plan auditUnmodified (clean) audit opinion
AuditorMOORE COLSON & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 193 accts · $730K emplr
2023$19.0M · 163 accts · $471K emplr
2022$14.6M · 165 accts · $498K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,030
Investment management$61,642
Total administrative$63,672
The Huff, Powell & Bailey, LLC 401(k) match · 2024
Employer contribution per active participant$4,834
Median for plans this size$2,416
2024$4,834 per active participant
2023$3,708 per active participant
2022$4,883 per active participant

Huff, Powell & Bailey, 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
ALERUS · Recordkeeping$2,030
SECURIAN FINANCIAL SERVICES, INC.$61,642

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$63,672 · 0.30%
2023$72,588 · 0.43%
2022$66,874 · 0.42%
Same employer
Similar plansProfessional & Technical Services · Georgia
Aldridge Pite, LLP GA$26.0M · 0.54%
Eptura, Inc. GA$26.0M · 0.38%
Qgenda, LLC GA$25.5M · 0.10%
Jackson Spalding, Inc. GA$24.2M · 0.46%
Jabian, LLC GA$22.5M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900085645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.