Plan Ledger DOL Form 5500 · updated monthly

Hyundai Transys Georgia Powertrain, Inc.401(k)

HYUNDAI TRANSYS GEORGIA POWERTRAIN, INC. 401(K) PLAN · WEST POINT, GA · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Hyundai Transys Georgia Powertrain, Inc. reported $55,179 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $403 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 0.69% to 0.87%. 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 (1,460th of 2,160), and 10,208th of 13,661 in manufacturing. In 2024, employees put in $4.09 for every $1.00 the employer contributed; active participation has grown from 427 to 787 since 2022.

Plan summary
Net assets, end of year$6,944,098
Participants with balances344
Active participants787
Employer contributions$317,306
Employee contributions$1,297,683
Employer contribution per active participant$403
Average account balance$20,186
Benefits paid to participants$1,246,680
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 344 accts · $317K emplr
2023$5.7M · 261 accts · $262K emplr
2022$4.2M · 208 accts · $216K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,895
Investment management$26,284
Total administrative$55,179
The Hyundai Transys Georgia Powertrain, Inc. 401(k) match · 2024
Employer contribution per active participant$403
Median for plans this size$1,313
2024$403 per active participant
2023$513 per active participant
2022$505 per active participant

Hyundai Transys Georgia Powertrain, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,895
CONCOURSE FINANCIAL GROUP SECURITI · Investment advisory (plan)$21,858

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

Administrative cost history3
2024$55,179 · 0.87%
2023$35,508 · 0.72%
2022$30,889 · 0.69%
Same employer
Similar plansManufacturing · Georgia
Gold Creek Foods GA$7.1M · 0.05%
Denyse Signs, Inc. GA$7.0M · 0.82%
Cjb Chemical Corporation GA$6.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262876885 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.