Plan Ledger DOL Form 5500 · updated monthly

Mountainseed Appraisal Management, LLC401(k)

MOUNTAINSEED RETIREMENT SAVINGS PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
2.18%

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

Mountainseed Appraisal Management, LLC reported $54,966 in plan administrative expenses for 2023: 2.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,953 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 rose from 1.34% to 2.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Georgia (1,833rd of 2,160), and 4,596th of 4,798 in finance & insurance. In 2023, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,929,874
Participants with balances94
Active participants97
Employer contributions$286,458
Employee contributions$557,577
Employer contribution per active participant$2,953
Average account balance$31,169
Benefits paid to participants$458,664
Plan auditUnmodified (clean) audit opinion
AuditorMCNAIR, MCLEMORE, MIDDLEBROOKS & CO
Plan history2
Yearassets · accounts · employer contribution
2023$2.9M · 94 accts · $286K emplr
2022$2.1M · 123 accts · $323K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$54,966
Total administrative$54,966
The Mountainseed Appraisal Management, LLC 401(k) match · 2023
Employer contribution per active participant$2,953
Median for plans this size$1,308
2023$2,953 per active participant
2022$2,244 per active participant

Mountainseed Appraisal Management, LLC's 2023 employer contribution ran above the $1,308 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 · 20233
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$7,409
ERISA SERVICES OF GEORGIA, LLC · Recordkeeping · Loan processing$2,100
G W HENSSLER AND ASSOC · Investment advisory (plan)$24,460

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$54,966 · 2.18%
2022$27,515 · 1.34%
Same employer
Similar plansFinance & Insurance · Georgia
Northeast Georgia Bank GA$3.4M · 0.02%
Highland Mortgage GA$2.6M · 0.89%
Ssmg, LLC GA$2.1M · 1.85%
Roadsync, Inc GA$1.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455464666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.