Plan Ledger DOL Form 5500 · updated monthly

Milner, Inc.401(k)

MILNER, INC. 401(K) PLAN · PEACHTREE CORNERS, GA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Milner, Inc. reported $142,530 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,126 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 3 years on file its reported administrative ratio has held roughly steady near 0.403%. 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 577th-largest of 2,160 plans among Georgia employers on file, and the 1,104th of 4,246 in wholesale trade. In 2024, employees put in $5.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,163,675
Participants with balances292
Active participants322
Employer contributions$362,525
Employee contributions$1,958,601
Employer contribution per active participant$1,126
Average account balance$127,273
Benefits paid to participants$3,046,371
Plan auditUnmodified (clean) audit opinion
AuditorBROOKS, COOK & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$37.2M · 292 accts · $363K emplr
2023$33.6M · 331 accts · $365K emplr
2022$30.3M · 338 accts · $387K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$142,530
Total administrative$142,530
The Milner, Inc. 401(k) match · 2024
Employer contribution per active participant$1,126
Median for plans this size$2,416
2024$1,126 per active participant
2023$1,155 per active participant
2022$1,083 per active participant

Milner, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
BROOKS COOK & ASSOCIATES · Accounting / audit$50,000
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$33,587
PRECISION PLAN ADMINISTRATION · Contract administrator$11,815

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$142,530 · 0.40%
2023$82,672 · 0.26%
2022$133,528 · 0.40%
Same employer
Similar plansWholesale Trade · Georgia
N.A. Williams Co. Inc. GA$44.0M · 0.19%
Mizuno USA, Inc. GA$44.0M · 0.35%
Crs, Inc. GA$41.1M · 1.25%
Rinnai America Corporation GA$36.4M · 0.38%
Ingenico, Inc. GA$35.9M · 0.25%
Unipro Foodservice, Inc. GA$35.3M · 0.17%
Deutz Corporation GA$34.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581681590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.