Plan Ledger DOL Form 5500 · updated monthly

Search Discovery Services LLC401(k)

SEARCH DISCOVERY SERVICES LLC 401(K) PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

Search Discovery Services LLC reported $33,990 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,138 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 26,779 comparable plans and shown alongside other information & media employers. By assets it is the 1,045th-largest of 2,160 plans among Georgia employers on file, and 1,261st of 2,199 in information & media. In 2023, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,211,855
Participants with balances225
Active participants164
Employer contributions$678,676
Employee contributions$2,105,129
Employer contribution per active participant$4,138
Average account balance$63,164
Benefits paid to participants$2,152,118
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$0
2023$14.2M · 225 accts · $679K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,990
Total administrative$33,990
The Search Discovery Services LLC 401(k) match · 2023
Employer contribution per active participant$4,138
Median for plans this size$2,440

Search Discovery Services LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$33,990

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

Administrative cost history2
2024Not separately reported
2023$33,990 · 0.27%
Similar plansInformation & Media · Georgia
Leasequery, LLC GA$15.2M · 0.11%
Oversight Systems, Inc. GA$15.0M · 0.29%
Telrite Holdings, Inc. GA$14.7M · 0.65%
Earthlink, LLC GA$12.7M · 0.64%
Revel Systems, Inc. GA$11.8M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 884360542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.