Plan Ledger DOL Form 5500 · updated monthly

M3 Accounting Services, Inc.401(k)

M3 ACCOUNTING SERVICES, INC. 401(K) PLAN · LAWRENCEVILLE, GA · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

M3 Accounting Services, Inc. reported $16,234 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,525 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 0.33% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 794th-largest of 2,160 plans among Georgia employers on file, and the 5,042nd of 11,654 in professional & technical services. In 2023, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,092,398
Participants with balances300
Active participants235
Employer contributions$1,063,457
Employee contributions$1,563,112
Employer contribution per active participant$4,525
Average account balance$76,975
Benefits paid to participants$978,632
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$23.1M · 300 accts · $1.1M emplr
2022$17.8M · 293 accts · $936K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,323
Investment management$1,911
Total administrative$16,234
The M3 Accounting Services, Inc. 401(k) match · 2023
Employer contribution per active participant$4,525
Median for plans this size$2,440
2023$4,525 per active participant
2022$4,071 per active participant

M3 Accounting Services, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ASCENSUS LLC · Loan processing · Recordkeeping$14,323
NEXTCAPITAL GROUP, INC. · Investment advisory (plan)$1,911

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

Administrative cost history2
2023$16,234 · 0.08%
2022$59,926 · 0.33%
Same employer
Similar plansProfessional & Technical Services · Georgia
Eptura, Inc. GA$26.0M · 0.38%
Qgenda, LLC GA$25.5M · 0.10%
Jackson Spalding, Inc. GA$24.2M · 0.46%
Huff, Powell & Bailey, LLC GA$23.1M · 0.30%
Jabian, LLC GA$22.5M · 0.66%
Weissman PC GA$22.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582442769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.