New Georgia Project Action Fund401(k)
NEW GEORGIA PROJECT ACTION FUND 401(K) PROFIT SHARING PLAN AND TRUST · ATLANTA, GA · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
New Georgia Project Action Fund reported $8,728 in plan administrative expenses for 2024: 1.49% of average plan assets, above the peer median. Employer contributions averaged $182 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 rose from 0.65% to 3.26%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (2,072nd of 2,160), and 11,360th of 11,654 in professional & technical services. In 2024, employees put in $4.33 for every $1.00 the employer contributed; active participation has grown from 175 to 195 since 2022.
New Georgia Project Action Fund's 2024 employer contribution ran below the $540 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 820934131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.