Plan Ledger DOL Form 5500 · updated monthly

Open Hand Atlanta, Inc.401(k)

403(B) THRIFT PLAN OF OPEN HAND ATLANTA, INC. · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Open Hand Atlanta, Inc. reported $1,491 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $782 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 0.03% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,689th of 2,160), and 8,330th of 11,911 in health care & social assistance. In 2024, employees put in $3.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,311,425
Participants with balances161
Active participants107
Employer contributions$83,667
Employee contributions$296,752
Employer contribution per active participant$782
Average account balance$26,779
Benefits paid to participants$226,551
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 161 accts · $84K emplr
2023$3.6M · 161 accts · $64K emplr
2022$3.2M · 176 accts · $64K emplr
The Open Hand Atlanta, Inc. 401(k) match · 2024
Employer contribution per active participant$782
Median for plans this size$1,313
2024$782 per active participant
2023$561 per active participant
2022$582 per active participant

Open Hand Atlanta, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,134

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,491 · 0.04%
2023$671 · 0.02%
2022$909 · 0.03%
Similar plansHealth Care & Social Assistance · Georgia
Nobis Works, Inc. GA$4.4M · 0.67%
Waste Eliminator LLC GA$4.1M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581816778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.