Plan Ledger DOL Form 5500 · updated monthly

Skyland Distributing Company, Inc.401(k)

SKYLAND DISTRIBUTING COMPANY, INC. 401(K) PLAN · WINDER, GA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Skyland Distributing Company, Inc. reported $5,882 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $456 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 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Georgia (1,348th of 2,160), and 3,142nd of 4,246 in wholesale trade. In 2024, employees put in $4.00 for every $1.00 the employer contributed; active participation has grown from 241 to 281 since 2022.

Plan summary
Net assets, end of year$8,433,861
Participants with balances422
Active participants281
Employer contributions$128,257
Employee contributions$513,353
Employer contribution per active participant$456
Average account balance$19,985
Benefits paid to participants$473,278
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 422 accts · $128K emplr
2023$7.1M · 424 accts · $123K emplr
2022$5.7M · 416 accts · $113K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,200
Investment management$732
Total administrative$5,882
The Skyland Distributing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$456
Median for plans this size$1,313
2024$456 per active participant
2023$447 per active participant
2022$470 per active participant

Skyland Distributing Company, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20241

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$5,882 · 0.08%
2023$11,866 · 0.19%
2022$17,218 · 0.32%
Same employer
Similar plansWholesale Trade · Georgia
Kudzu Fabrics, Inc. GA$9.3M · 0.33%
Angelini Pharma, Inc. GA$9.0M · 0.12%
Jaipur Living, Inc. GA$8.6M · 0.06%
Clipper Petroleum, Inc. GA$8.3M · 0.65%
Taurus Holdings, Inc. GA$8.3M · 0.95%
Atlanco, LLC GA$7.9M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560843608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.