Plan Ledger DOL Form 5500 · updated monthly

Sawyer Business Group Inc401(k)

SAWYER BUSINESS GROUP 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
3.44%

Sawyer Business Group Inc reported $10,778 in plan administrative expenses for 2024: 3.44% of average plan assets, higher than ~75% of peers. 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 5 years on file its reported administrative ratio rose from 0.40% to 3.44%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Georgia (2,096th of 2,160), and 3,204th of 3,341 in other services.

Plan summary
Net assets, end of year$401,760
Participants with balances265
Active participants220
Employer contributions—
Employee contributions$227,963
Employer contribution per active participant—
Average account balance$1,516
Benefits paid to participants$76,687
Plan auditUnmodified (clean) audit opinion
Plan history5
Yearassets · accounts · employer contribution
2024$402K · 265 accts
2023$226K · 218 accts
2022$322K · 436 accts
2020$220K · 378 accts
2019$109K · 281 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,418
Investment management$1,360
Total administrative$10,778
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
ADP, INC. · Loan processing · Recordkeeping$10,778

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history5
2024$10,778 · 3.44%
2023$17,266 · 6.31%
2022$4,302 · 1.19%
2020$2,192 · 1.33%
2019$432 · 0.40%
Similar plansOther Services · Georgia
Reformation Holdings Inc GA$773K · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471774918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.