Plan Ledger DOL Form 5500 · updated monthly

Purchasing Power LLC401(k)

PURCHASING POWER 401(K) PLAN · ATLANTA, 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

Purchasing Power LLC reported $99,637 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $5,319 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 fell from 0.61% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 741st-largest of 2,160 plans among Georgia employers on file, and the 1,180th of 5,215 in retail trade. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 239 to 264 since 2022.

Plan summary
Net assets, end of year$25,689,504
Participants with balances337
Active participants264
Employer contributions$1,404,251
Employee contributions$2,638,573
Employer contribution per active participant$5,319
Average account balance$76,230
Benefits paid to participants$2,007,296
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 337 accts · $1.4M emplr
2023$20.8M · 377 accts · $774K emplr
2022$16.3M · 399 accts · $681K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,637
Total administrative$99,637
The Purchasing Power LLC 401(k) match · 2024
Employer contribution per active participant$5,319
Median for plans this size$2,416
2024$5,319 per active participant
2023$3,174 per active participant
2022$2,851 per active participant

Purchasing Power LLC'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 · 20245
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$28,136
LEGACY RETIREMENT SOLUTIONS, LLC · Recordkeeping · Loan processing$6,599
FUTUREPLAN BY ASCENSUS · Loan processing · Recordkeepingindirect comp
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$23,416
ERISA CPA · Accounting / audit$7,000

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, LEGACY RETIREMENT SOLUTIONS, LLC, Transamerica
2023Ascensus, LEGACY RETIREMENT SOLUTIONS, LLC, Transamerica

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Administrative cost history3
2024$99,637 · 0.43%
2023$103,551 · 0.56%
2022$103,814 · 0.61%
Same employer
Similar plansRetail Trade · Georgia
Pope Automotive Group GA$27.4M · 1.48%
Crowes Management Company GA$25.7M · 0.62%
Atlanta Fork Lifts, Inc. GA$25.1M · 0.38%
Stark Properties Inc GA$25.0M · 0.77%
Huddle House Inc. GA$23.9M · 1.70%
Kennesaw Motor Sales, Inc. GA$23.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900193342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.