Plan Ledger DOL Form 5500 · updated monthly

Refrigiwear, LLC401(k)

REFRIGIWEAR, LLC EMPLOYEES' 401(K) PROFIT SHARING · DAHLONEGA, GA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Refrigiwear, LLC reported $40,473 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $2,236 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 0.69% to 0.51%. 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 (1,289th of 2,160), and 9,114th of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 160 to 137 since 2022.

Plan summary
Net assets, end of year$9,275,062
Participants with balances130
Active participants137
Employer contributions$306,270
Employee contributions$628,638
Employer contribution per active participant$2,236
Average account balance$71,347
Benefits paid to participants$447,331
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 130 accts · $306K emplr
2023$6.7M · 131 accts · $348K emplr
2022$6.6M · 135 accts · $342K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,680
Investment management$2,557
Total administrative$40,473
The Refrigiwear, LLC 401(k) match · 2024
Employer contribution per active participant$2,236
Median for plans this size$1,313
2024$2,236 per active participant
2023$2,575 per active participant
2022$2,135 per active participant

Refrigiwear, LLC's 2024 employer contribution ran above 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 · 20243
REGIONS FINANCIAL CORPORATION$15,236
EMPOWER ADVISORY GROUP, LLC · Investment management$2,557

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$40,473 · 0.51%
2023$43,653 · 0.66%
2022$49,300 · 0.69%
Same employer
Similar plansManufacturing · Georgia
Polyventive LLC GA$9.6M · 0.76%
Benson's, Inc. GA$9.4M · 0.12%
Southeast Culvert, Inc. GA$9.2M · 0.93%
Polyvision Corporation GA$9.2M · 0.49%
Apache Mills, Inc. GA$8.8M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112010909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.