Plan Ledger DOL Form 5500 · updated monthly

Reeves Young, LLC401(k)

REEVES YOUNG PROFIT SHARING PLAN · SUGAR HILL, GA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Reeves Young, LLC reported $117,107 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,772 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 0.60% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 879th-largest of 2,160 plans among Georgia employers on file, and the 2,043rd of 5,337 in construction. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 472 to 579 since 2022.

Plan summary
Net assets, end of year$19,645,980
Participants with balances379
Active participants579
Employer contributions$1,026,170
Employee contributions$2,019,976
Employer contribution per active participant$1,772
Average account balance$51,836
Benefits paid to participants$1,667,650
Plan auditUnmodified (clean) audit opinion
AuditorRESJ, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 379 accts · $1.0M emplr
2023$15.5M · 304 accts · $907K emplr
2022$11.6M · 271 accts · $765K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,957
Investment management$57,150
Total administrative$117,107
The Reeves Young, LLC 401(k) match · 2024
Employer contribution per active participant$1,772
Median for plans this size$2,416
2024$1,772 per active participant
2023$1,692 per active participant
2022$1,620 per active participant

Reeves Young, LLC's 2024 employer contribution ran below the $2,416 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 · 20244
NORTHWESTERN MUTUAL · Investment advisory (plan)$57,150
EMPOWER ADVISORY GROUP, LLC · Investment management$12,096
ERISA SERVICES OF GA, INC. · Contract administrator$8,250

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$117,107 · 0.67%
2023$88,843 · 0.66%
2022$68,740 · 0.60%
Same employer
Similar plansConstruction · Georgia
The Conlan Company GA$21.4M · 0.09%
Reinicke Athens Inc. GA$21.3M · 0.53%
Americas Home Place, Inc. GA$20.7M · 0.57%
Primus Builders, Inc. GA$17.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464674821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.