Plan Ledger DOL Form 5500 · updated monthly

Scm Group North America, Inc.401(k)

SCM GROUP NORTH AMERICA, INC. 401(K) PLAN · DULUTH, GA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Scm Group North America, Inc. reported $75,692 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,606 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 0.58% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 864th-largest of 2,160 plans among Georgia employers on file, and the 1,881st of 4,246 in wholesale trade. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 104 to 257 since 2022.

Plan summary
Net assets, end of year$20,077,608
Participants with balances226
Active participants257
Employer contributions$669,614
Employee contributions$1,568,820
Employer contribution per active participant$2,606
Average account balance$88,839
Benefits paid to participants$1,071,083
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.1M · 226 accts · $670K emplr
2023$8.5M · 111 accts · $190K emplr
2022$8.1M · 103 accts · $172K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,518
Investment management$47,174
Total administrative$75,692
The Scm Group North America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,606
Median for plans this size$2,416
2024$2,606 per active participant
2023$1,620 per active participant
2022$1,652 per active participant

Scm Group North America, Inc.'s 2024 employer contribution ran above 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 · 20243
FINTRUST CAPITAL ADV DBA FINTRUST · Investment advisory (plan)$33,630
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,518
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,545

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$75,692 · 0.53%
2023$44,068 · 0.53%
2022$53,318 · 0.58%
Same employer
Similar plansWholesale Trade · Georgia
Cheng Shin Rubber USA Inc GA$21.6M · 0.11%
Adisseo USA, Inc. GA$21.6M · 0.08%
Fox-Rowden-McBrayer, Inc. GA$21.2M · 0.07%
J & L Ventures, LLC GA$20.7M · 0.08%
Ace Industries, Inc. GA$19.9M · 0.63%
Harbin Lumber Co., Inc. GA$19.5M · 0.36%
Gran Quartz, LP GA$19.4M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582664474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.