Plan Ledger DOL Form 5500 · updated monthly

Nebo Agency, LLC401(k)

NEBO AGENCY, LLC 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Nebo Agency, LLC reported $42,087 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $2,623 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 0.84% to 0.70%. 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 (1,487th of 2,160), and 9,155th of 11,654 in professional & technical services. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,630,453
Participants with balances137
Active participants102
Employer contributions$267,568
Employee contributions$478,801
Employer contribution per active participant$2,623
Average account balance$48,397
Benefits paid to participants$278,661
Plan auditUnmodified (clean) audit opinion
AuditorSMITH AND HOWARD, PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 137 accts · $268K emplr
2023$5.3M · 133 accts · $264K emplr
2022$4.1M · 135 accts · $244K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,729
Investment management$21,332
Total administrative$42,087
The Nebo Agency, LLC 401(k) match · 2024
Employer contribution per active participant$2,623
Median for plans this size$1,313
2024$2,623 per active participant
2023$2,565 per active participant
2022$2,259 per active participant

Nebo Agency, LLC'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
JOHN HANCOCK LIFE INSURANCE (USA) · Recordkeeping · Investment management$870
APRIO WEALTH MANAGEMENT · Investment advisory (participants)$21,332

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$42,087 · 0.70%
2023$42,837 · 0.90%
2022$35,870 · 0.84%
Same employer
Similar plansProfessional & Technical Services · Georgia
Happy Returns, LLC GA$7.0M · 0.81%
Definition 6, Inc. GA$6.9M · 0.74%
Croy Engineering, LLC GA$6.8M · 0.24%
HR Partners, Inc. GA$6.6M · 0.63%
Leadingagile, L.L.C. GA$6.6M · 0.49%
Cinc Systems, LLC GA$6.2M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 200991436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.