Plan Ledger DOL Form 5500 · updated monthly

Repay Management Services LLC401(k)

REPAY MANAGEMENT SERVICES, LLC 401K PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Repay Management Services LLC reported $157,221 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,114 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 0.45% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 629th-largest of 2,160 plans among Georgia employers on file, and the 347th of 786 in management of companies. In 2024, employees put in $4.39 for every $1.00 the employer contributed; active participation has shrunk from 562 to 444 since 2022.

Plan summary
Net assets, end of year$33,491,839
Participants with balances583
Active participants444
Employer contributions$938,455
Employee contributions$4,124,156
Employer contribution per active participant$2,114
Average account balance$57,447
Benefits paid to participants$4,738,850
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.5M · 583 accts · $938K emplr
2023$28.7M · 664 accts · $1.8M emplr
2022$22.5M · 711 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$157,221
Total administrative$157,221
The Repay Management Services LLC 401(k) match · 2024
Employer contribution per active participant$2,114
Median for plans this size$2,416
2024$2,114 per active participant
2023$3,599 per active participant
2022$3,187 per active participant

Repay Management Services 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
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$60,452
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$19,927
ROCKEFELLER CAPITAL MANAGEMENT INSU · Investment advisory (plan)$76,677

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, Transamerica
2023Ascensus, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$157,221 · 0.51%
2023$136,012 · 0.53%
2022$98,557 · 0.45%
Same employer
Similar plansManagement of Companies · Georgia
Techcxo, LLC GA$42.0M · 0.10%
Futuretech Holding Company GA$37.3M · 0.13%
Georgia Banking Company GA$13.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834172651 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.