Plan Ledger DOL Form 5500 · updated monthly

Kenneth S. Nugent401(k)

KENNETH S. NUGENT, P.C. 401(K) PLAN · DULUTH, GA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Kenneth S. Nugent reported $137,390 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,392 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 0.45% to 0.63%. 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 808th-largest of 2,160 plans among Georgia employers on file, and the 5,149th of 11,654 in professional & technical services. In 2024, employees put in $5.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,374,477
Participants with balances225
Active participants189
Employer contributions$263,153
Employee contributions$1,549,009
Employer contribution per active participant$1,392
Average account balance$99,442
Benefits paid to participants$3,511,561
Plan auditUnmodified (clean) audit opinion
AuditorMORISON COGEN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.4M · 225 accts · $263K emplr
2023$21.2M · 203 accts · $221K emplr
2022$17.7M · 258 accts · $198K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,460
Investment management$100,930
Total administrative$137,390
The Kenneth S. Nugent 401(k) match · 2024
Employer contribution per active participant$1,392
Median for plans this size$2,416
2024$1,392 per active participant
2023$1,130 per active participant
2022$1,053 per active participant

Kenneth S. Nugent's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20243
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$36,460
STIFEL NICOLAUS & CO INC. · Investment advisory (plan)$93,674
ENVESTNET RETIREMENT SOLUTIONS CO · Investment advisory (plan)$7,256

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$137,390 · 0.63%
2023$113,587 · 0.58%
2022$87,440 · 0.45%
Same employer
Similar plansProfessional & Technical Services · Georgia
Jabian, LLC GA$22.5M · 0.66%
Weissman PC GA$22.4M · 0.37%
Mstiller LLC GA$21.3M · 0.33%
Proliant, Inc. GA$21.1M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581880562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.