Plan Ledger DOL Form 5500 · updated monthly

Massana, Inc.401(k)

MASSANA, INC. EMPLOYEES SAVINGS TRUST · NEWNAN, GA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Massana, Inc. reported $24,899 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $0 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 fell from 0.42% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Georgia (1,458th of 2,160), and 3,597th of 5,337 in construction. active participation has grown from 115 to 132 since 2022.

Plan summary
Net assets, end of year$6,960,862
Participants with balances164
Active participants132
Employer contributions$0
Employee contributions$760,925
Employer contribution per active participant$0
Average account balance$42,444
Benefits paid to participants$751,348
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 164 accts
2023$6.2M · 133 accts
2022$4.8M · 133 accts
The Massana, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Massana, 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 · 20243
OSAIC WEALTH INC · Investment advisory (plan)$13,025
SECURITIES AMERICA ADVISORS INC · Investment advisory (plan)$11,874
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$1,600

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$24,899 · 0.38%
2023$20,593 · 0.37%
2022$20,816 · 0.42%
Similar plansConstruction · Georgia
Dco, Inc. GA$7.5M · 0.14%
The Ginn Group, Inc. GA$7.0M · 0.48%
Division 5, LLC. GA$6.9M · 0.39%
Peach State Roofing, Inc. GA$6.9M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 262005142 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.