Plan Ledger DOL Form 5500 · updated monthly

Hyundai Transys Georgia Seating System, LLC 401(K) Plan401(k)

HYUNDAI TRANSYS GEORGIA SEATING SYSTEM, LLC · WEST POINT, GA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Hyundai Transys Georgia Seating System, LLC 401(K) Plan reported $43,987 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $552 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 1 year on file its reported administrative ratio fell from 0.80% to 0.70%. 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 (1,398th of 2,160), and 9,815th of 13,661 in manufacturing. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has grown from 859 to 1,428 since 2022.

Plan summary
Net assets, end of year$7,680,218
Participants with balances730
Active participants1,428
Employer contributions$788,727
Employee contributions$1,771,873
Employer contribution per active participant$552
Average account balance$10,521
Benefits paid to participants$617,737
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 730 accts · $789K emplr
2023$4.8M · 591 accts · $463K emplr
2022$3.2M · 396 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,987
Total administrative$43,987
The Hyundai Transys Georgia Seating System, LLC 401(K) Plan 401(k) match · 2024
Employer contribution per active participant$552
Median for plans this size$1,313
2024$552 per active participant
2023$573 per active participant
2022$396 per active participant

Hyundai Transys Georgia Seating System, LLC 401(K) Plan'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 · 20247
NATIONWIDE · Recordkeeping$18,953
NATIONWIDE RETIREMENT PLANS · Plan administrator$5,970
NATIONWIDE · Plan administrator$5,445
CONCOURSE FINANCIAL GROUP SECURITIE · Investment managementindirect comp
CONCOURSE FINANCIAL GROUP SECU · Investment managementindirect comp
CONCOURSE FINANCIAL GROUP SECURITIE · Legalindirect comp
CONCOURSE FINANCIAL GROUP SECU · Investment managementindirect comp

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$43,987 · 0.70%
2023$32,284 · 0.80%
2022Not separately reported
Same employer
Similar plansManufacturing · Georgia
Immec Inc. GA$7.6M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 352479164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.