Plan Ledger DOL Form 5500 · updated monthly

Peach State Federal Credit Union401(k)

PEACH STATE FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN · LAWRENCEVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Peach State Federal Credit Union reported $95,529 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $6,020 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 3 years on file its reported administrative ratio has held roughly steady near 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 782nd-largest of 2,160 plans among Georgia employers on file, and 2,773rd of 4,798 in finance & insurance. In 2024, the employer put in $1.42 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$23,812,214
Participants with balances246
Active participants219
Employer contributions$1,318,292
Employee contributions$931,237
Employer contribution per active participant$6,020
Average account balance$96,798
Benefits paid to participants$1,254,560
Plan auditDisclaimer of opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 246 accts · $1.3M emplr
2023$20.5M · 239 accts · $1.4M emplr
2022$16.5M · 231 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,529
Total administrative$95,529
The Peach State Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$6,020
Median for plans this size$2,416
2024$6,020 per active participant
2023$6,536 per active participant
2022$4,928 per active participant

Peach State Federal Credit Union's 2024 employer contribution ran above the $2,416 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 · 20242
ABOUND WEALTH MANAGEMENT · Investment advisory (plan)$87,484
FIDELITY INVESTMENT INSTITUTIONAL · Loan processing$8,045

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

Administrative cost history3
2024$95,529 · 0.43%
2023$82,921 · 0.45%
2022$78,874 · 0.44%
Same employer
Similar plansFinance & Insurance · Georgia
Yates LLC GA$25.0M · 0.46%
Metro City Bank GA$24.0M · 0.19%
The Crown Capital Fund, LLC GA$21.9M · 0.27%
Kinetic Credit Union GA$21.2M · 0.36%
Merchant Esolutions, Inc. GA$19.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 586034029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.