Plan Ledger DOL Form 5500 · updated monthly

Sbs Services Corporation401(k)

SBS SERVICES CORPORATION 401(K) PROFIT SHARING PLAN · ROSWELL, GA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Sbs Services Corporation reported $98,252 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,131 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 0.37% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 720th-largest of 2,160 plans among Georgia employers on file, and the 840th of 2,199 in information & media. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 461 to 564 since 2022.

Plan summary
Net assets, end of year$27,122,857
Participants with balances426
Active participants564
Employer contributions$1,201,950
Employee contributions$2,289,456
Employer contribution per active participant$2,131
Average account balance$63,669
Benefits paid to participants$1,074,096
Plan auditUnmodified (clean) audit opinion
AuditorMOORE COLSON & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$27.1M · 426 accts · $1.2M emplr
2023$18.6M · 391 accts · $1.1M emplr
2022$13.7M · 356 accts · $897K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,252
Total administrative$98,252
The Sbs Services Corporation 401(k) match · 2024
Employer contribution per active participant$2,131
Median for plans this size$2,416
2024$2,131 per active participant
2023$1,894 per active participant
2022$1,946 per active participant

Sbs Services Corporation'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 · 20242
USI SECURITIES, INC.indirect comp
USI CONSULTING GROUP, INC. · Other servicesindirect comp

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$98,252 · 0.43%
2023$65,408 · 0.41%
2022$46,159 · 0.37%
Same employer
Similar plansInformation & Media · Georgia
Morris Multimedia, Inc. GA$34.7M · 0.28%
Onetrust LLC GA$34.2M · 0.06%
Usan, Inc. GA$28.4M · 0.30%
Pindrop Security, Inc. GA$27.0M · 0.16%
Alogent Holdings, Inc. GA$26.1M · 0.23%
Callrail GA$24.2M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852586640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.