Plan Ledger DOL Form 5500 · updated monthly

Samsons Manufacturing Company, Inc.401(k)

SAMSONS MANUFACTURING COMPANY, INC. 401(K) PLAN · WAYNESBORO, GA · plan year 2024

Reported admin expense ratio · 2024
1.32%

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

Samsons Manufacturing Company, Inc. reported $20,959 in plan administrative expenses for 2024: 1.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $950 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 0.84% to 1.32%. 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 (1,982nd of 2,160), and 13,011th of 13,661 in manufacturing. In 2024, employees put in $1.26 for every $1.00 the employer contributed; active participation has shrunk from 114 to 101 since 2022.

Plan summary
Net assets, end of year$1,599,631
Participants with balances92
Active participants101
Employer contributions$95,972
Employee contributions$120,503
Employer contribution per active participant$950
Average account balance$17,387
Benefits paid to participants$317,414
Plan auditUnmodified (clean) audit opinion
AuditorHERTZ HERSON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 92 accts · $96K emplr
2023$1.6M · 101 accts · $97K emplr
2022$1.3M · 129 accts · $98K emplr
The Samsons Manufacturing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$950
Median for plans this size$1,313
2024$950 per active participant
2023$901 per active participant
2022$859 per active participant

Samsons Manufacturing Company, Inc.'s 2024 employer contribution ran below 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 · 20241
RPG CONSULTANTS · Recordkeeping · Pension consulting$11,707

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

Recordkeeper by year2
2024RPG CONSULTANTS
2023RPG CONSULTANTS

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

Administrative cost history3
2024$20,959 · 1.32%
2023$17,087 · 1.18%
2022$12,131 · 0.84%
Similar plansManufacturing · Georgia
Dorsey Tire Co., Inc. GA$2.0M · 1.36%
Brooks Auto Parts, Inc. GA$1.9M · 0.58%
Floor Productions, LLC GA$1.6M · 1.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582262257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.