Plan Ledger DOL Form 5500 · updated monthly

Pace-O-Matic Inc.401(k)

PACE-O-MATIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST · DULUTH, GA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Pace-O-Matic Inc. reported $44,953 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $2,919 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 $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 (1,257th of 2,160), and 8,026th of 11,654 in professional & technical services. In 2024, employees put in $2.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,923,594
Participants with balances202
Active participants173
Employer contributions$504,944
Employee contributions$1,332,550
Employer contribution per active participant$2,919
Average account balance$49,127
Benefits paid to participants$388,314
Plan auditUnmodified (clean) audit opinion
AuditorSMITH+HOWARD ADVISORY, LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,635
Investment management$851
Total administrative$44,953
The Pace-O-Matic Inc. 401(k) match · 2024
Employer contribution per active participant$2,919
Median for plans this size$1,313

Pace-O-Matic Inc.'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 · 20244
ENVESTNET RETIREMENT SOLUTIONS, LLC$1,467
EMPOWER ADVISORY GROUP, LLC · Investment management$851
USI SECURITIES INCindirect comp

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

Administrative cost history1
2024$44,953 · 0.54%
Same employer
Similar plansProfessional & Technical Services · Georgia
Booster Enterprises, Inc. GA$10.3M · 0.12%
Medicus IT, LLC GA$10.1M · 0.21%
Wahoo Fitness GA$10.1M · 0.01%
Orasi Software, Inc. GA$9.6M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 830332804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.