Plan Ledger DOL Form 5500 · updated monthly

Schuster Enterprises, Inc.401(k)

SCHUSTER ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN · COLUMBUS, GA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Schuster Enterprises, Inc. reported $55,805 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,471 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 0.32% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 834th-largest of 2,160 plans among Georgia employers on file, and the 283rd of 2,240 in accommodation & food services. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,375,392
Participants with balances367
Active participants318
Employer contributions$467,749
Employee contributions$811,895
Employer contribution per active participant$1,471
Average account balance$58,244
Benefits paid to participants$2,184,530
Plan auditUnmodified (clean) audit opinion
AuditorROBINSON, GRIMES, COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 367 accts · $468K emplr
2023$20.0M · 364 accts · $442K emplr
2022$18.3M · 375 accts · $446K emplr
Administrative expenses, itemized · 2024
Investment management$30,000
Total administrative$55,805
The Schuster Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,471
Median for plans this size$2,416
2024$1,471 per active participant
2023$1,411 per active participant
2022$1,369 per active participant

Schuster Enterprises, Inc.'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
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$25,480
SYNOVUS TRUST COMPANY N.A. · Investment advisory (plan)$30,000
FISHER INVESTMENTS$3,947
CHARLES SCHWAB & CO.,INC · Securities brokerage$120

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Schuster Enterprises, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$55,805 · 0.27%
2023$60,767 · 0.32%
2022$64,854 · 0.32%
Same employer
Similar plansAccommodation & Food Services · Georgia
Muller Management GA$59.4M · 0.52%
Sea Island Company, LLC GA$43.8M · 0.33%
Zaxby's Franchising LLC GA$22.5M · 0.45%
Peachtree Hotel Group, LLC GA$18.9M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581051549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.