Plan Ledger DOL Form 5500 · updated monthly

Panel Built, Inc.401(k)

PANEL BUILT, INC. AND K-CON, INC. 401(K) P/S PLAN · BLAIRSVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Panel Built, Inc. reported $26,270 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,275 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 0.53% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,591st of 2,160), and 11,070th of 13,661 in manufacturing. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 182 to 283 since 2022.

Plan summary
Net assets, end of year$5,269,497
Participants with balances154
Active participants283
Employer contributions$360,802
Employee contributions$759,515
Employer contribution per active participant$1,275
Average account balance$34,218
Benefits paid to participants$429,418
Plan auditUnmodified (clean) audit opinion
AuditorTHE HOBBS GROUP, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 154 accts · $361K emplr
2023$4.1M · 134 accts · $344K emplr
2022$2.7M · 123 accts · $261K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$970
Investment management$25,300
Total administrative$26,270
The Panel Built, Inc. 401(k) match · 2024
Employer contribution per active participant$1,275
Median for plans this size$1,313
2024$1,275 per active participant
2023$1,372 per active participant
2022$1,434 per active participant

Panel Built, 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 · 20242
ASCENSUS LLC · Recordkeeping$970
SHAREBUILDER ADVISOR LLC · Investment advisory (plan)$25,300

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$26,270 · 0.56%
2023$18,562 · 0.54%
2022$12,696 · 0.53%
Similar plansManufacturing · Georgia
Stimlabs, LLC GA$5.6M · 1.35%
Scruggs Concrete Inc. GA$5.3M · 0.03%
Agco, Inc. GA$5.2M · 0.64%
Lumite, Inc. GA$5.2M · 0.01%
Hanwha Q Cells USA, Inc. GA$5.1M · 1.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582182293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.