Plan Ledger DOL Form 5500 · updated monthly

Medicraft, Inc.401(k)

MEDICRAFT, INC. 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Medicraft, Inc. reported $71,700 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $6,838 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 0.24% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 663rd-largest of 2,160 plans among Georgia employers on file, and the 1,362nd of 4,246 in wholesale trade. In 2024, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,035,902
Participants with balances106
Active participants113
Employer contributions$772,718
Employee contributions$920,692
Employer contribution per active participant$6,838
Average account balance$283,358
Benefits paid to participants$1,821,385
Plan auditUnmodified (clean) audit opinion
AuditorBENETT THRASHER
Plan history3
Yearassets · accounts · employer contribution
2024$30.0M · 106 accts · $773K emplr
2023$26.5M · 95 accts · $735K emplr
2022$22.0M · 90 accts · $661K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,700
Total administrative$71,700
The Medicraft, Inc. 401(k) match · 2024
Employer contribution per active participant$6,838
Median for plans this size$2,416
2024$6,838 per active participant
2023$6,683 per active participant
2022$6,008 per active participant

Medicraft, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$554
FUTURE CAPITAL · Investment advisory (participants)$38,791
EDWARD D JONES AND CO. · Consultingindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$71,700 · 0.25%
2023$62,662 · 0.26%
2022$57,277 · 0.24%
Same employer
Similar plansWholesale Trade · Georgia
Deutz Corporation GA$34.0M · 0.21%
Koki Holdings America LTD. GA$32.1M · 0.09%
Acella Pharmaceuticals, LLC GA$31.6M · 0.80%
Sebia, Inc GA$28.6M · 0.15%
Rotary Corporation GA$28.1M · 0.46%
B & D Industrial, Inc. GA$27.9M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581944756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.