Plan Ledger DOL Form 5500 · updated monthly

Northeast Georgia, Inc.401(k)

NORTHEAST GEORGIA, INC. 401(K) PLAN · GAINESVILLE, GA · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Northeast Georgia, Inc. reported $75 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $177 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Georgia (2,124th of 2,160), and 2,055th of 2,240 in accommodation & food services. In 2022, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$207,468
Participants with balances37
Active participants423
Employer contributions$74,806
Employee contributions$145,355
Employer contribution per active participant$177
Average account balance$5,607
Benefits paid to participants$2,141
Plan auditUnmodified (clean) audit opinion
AuditorBATES,CARTER & CO.. LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$75
Total administrative$75
The Northeast Georgia, Inc. 401(k) match · 2022
Employer contribution per active participant$177
Median for plans this size$331

Northeast Georgia, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$75 · 0.04%
Similar plansAccommodation & Food Services · Georgia
Cabins for You GA$231K · 3.05%
Ssrg Holdings, LLC GA$191K · 0.64%
Ram Hotel Management LLC GA$162K · 5.48%
La Bonanza Group, LLC GA$97K · 0.20%
Rumis Kitchen LLC GA$50K · 1.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581154867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.