Plan Ledger DOL Form 5500 · updated monthly

Pic Group, Inc.401(k)

PIC GROUP, INC. 401(K) WEALTH ACCUMULATION PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Pic Group, Inc. reported $115,302 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $4,577 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 0.322%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 563rd-largest of 2,160 plans among Georgia employers on file, and the 3,431st of 11,654 in professional & technical services. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has grown from 257 to 326 since 2022.

Plan summary
Net assets, end of year$38,163,478
Participants with balances400
Active participants326
Employer contributions$1,492,098
Employee contributions$3,364,150
Employer contribution per active participant$4,577
Average account balance$95,409
Benefits paid to participants$5,414,436
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.2M · 400 accts · $1.5M emplr
2023$33.5M · 416 accts · $1.4M emplr
2022$25.4M · 340 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,521
Investment management$43,075
Audit (IQPA)$19,706
Total administrative$115,302
The Pic Group, Inc. 401(k) match · 2024
Employer contribution per active participant$4,577
Median for plans this size$2,416
2024$4,577 per active participant
2023$4,067 per active participant
2022$4,300 per active participant

Pic Group, Inc.'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 · 20244
ADP, INC. · Loan processing · Recordkeeping$52,521
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$43,075
MOORE COLSON · Recordkeeping · Pension consulting$19,706
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill, MOORE COLSON
2023ADP, Bank of America / Merrill, MOORE COLSON

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Administrative cost history3
2024$115,302 · 0.32%
2023$99,525 · 0.34%
2022$87,159 · 0.32%
Same employer
Similar plansProfessional & Technical Services · Georgia
Sparq Holdings, Inc. GA$41.1M · 0.60%
Freeman Mathis & Gary, LLP GA$40.0M · 0.25%
Matrix Resources, LLC GA$39.5M · 0.12%
Corestates, Inc. GA$37.4M · 0.43%
Graphics-Atlanta, LLC GA$37.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621409871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.