Plan Ledger DOL Form 5500 · updated monthly

Search Discovery Services LLC401(k)

SEARCH DISCOVERY, INC. 401(K) PLAN · ATLANTA, GA · plan year 2022

Reported admin expense ratio · 2022
0.31%

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

Search Discovery Services LLC reported $31,659 in plan administrative expenses for 2022: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,452 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Georgia (1,181st of 2,160), and 1,444th of 2,199 in information & media. In 2022, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,028,199
Participants with balances260
Active participants213
Employer contributions$735,270
Employee contributions$2,154,064
Employer contribution per active participant$3,452
Average account balance$42,416
Benefits paid to participants$679,663
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$31,659
Total administrative$31,659
The Search Discovery Services LLC 401(k) match · 2022
Employer contribution per active participant$3,452
Median for plans this size$2,266

Search Discovery Services LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$31,659 · 0.31%
Similar plansInformation & Media · Georgia
Earthlink, LLC GA$12.7M · 0.64%
Revel Systems, Inc. GA$11.8M · 0.37%
Roadie, Inc. GA$9.1M · 0.31%
Aspirent Consulting LLC GA$8.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202057743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.