Plan Ledger DOL Form 5500 · updated monthly

Malik Consulting Inc401(k)

MALIK CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Malik Consulting Inc reported $26,736 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $4,226 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,386th of 2,160), and 8,724th of 11,654 in professional & technical services. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,908,385
Participants with balances152
Active participants155
Employer contributions$654,979
Employee contributions$1,456,277
Employer contribution per active participant$4,226
Average account balance$52,029
Benefits paid to participants$336,377
Plan auditUnmodified (clean) audit opinion
AuditorGM ASSOCIATES LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,594
Investment management$18,142
Total administrative$26,736
The Malik Consulting Inc 401(k) match · 2024
Employer contribution per active participant$4,226
Median for plans this size$1,313

Malik Consulting Inc's 2024 employer contribution ran above the $1,313 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
PAYCHEX, INC. · Recordkeeping$8,518
SIGNATURE ESTATE & INVESTMENT ADVIS · Investment advisory (participants)$16,388

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

Administrative cost history1
2024$26,736 · 0.41%
Same employer
Similar plansProfessional & Technical Services · Georgia
PHASE3 Media, LLC GA$8.1M · 0.81%
McMichael & Gray, P.C. GA$7.9M · 0.30%
Leapfrog Services, Inc. GA$7.8M · 0.08%
Acuant, Inc GA$7.7M · 0.06%
Goldfein LLC GA$7.6M · 0.44%
Procurri, LLC GA$7.6M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161616510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.