Plan Ledger DOL Form 5500 · updated monthly

Newcomb & Boyd401(k)

NEWCOMB & BOYD PROFIT SHARING PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Newcomb & Boyd reported $142,858 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,150 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 0.30% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 534th-largest of 2,160 plans among Georgia employers on file, and the 3,153rd of 11,654 in professional & technical services. In 2024, employees put in $4.34 for every $1.00 the employer contributed; active participation has grown from 229 to 283 since 2022.

Plan summary
Net assets, end of year$42,572,942
Participants with balances330
Active participants283
Employer contributions$608,513
Employee contributions$2,643,967
Employer contribution per active participant$2,150
Average account balance$129,009
Benefits paid to participants$2,105,975
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.6M · 330 accts · $609K emplr
2023$35.9M · 315 accts · $711K emplr
2022$30.6M · 279 accts · $458K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,827
Investment management$77,864
Trustee / custodial$167
Total administrative$142,858
The Newcomb & Boyd 401(k) match · 2024
Employer contribution per active participant$2,150
Median for plans this size$2,416
2024$2,150 per active participant
2023$2,664 per active participant
2022$1,999 per active participant

Newcomb & Boyd's 2024 employer contribution ran below the $2,416 median for plans its size. 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
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$60,071
ERISA SERVICES OF GEORGIA, LLC · Recordkeeping · Loan processing$4,756
ROCKEFELLER CAPITAL MANAGEMENT INS · Investment advisory (plan)$77,864

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

Recordkeeper by year2
2024ERISA SERVICES OF GEORGIA, LLC, Transamerica
2023ERISA SERVICES OF GEORGIA, LLC, Transamerica

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

Administrative cost history3
2024$142,858 · 0.36%
2023$114,967 · 0.35%
2022$97,848 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Georgia
Guided by Good GA$43.0M · 0.13%
Alliant Health Group, Inc. GA$42.8M · 0.18%
Tech Systems GA$42.7M
Nucleus Central Inc. GA$41.5M · 0.19%
Sparq Holdings, Inc. GA$41.1M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580876245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.