Plan Ledger DOL Form 5500 · updated monthly

Softpath System, LLC401(k)

SOFTPATH SYSTEM, LLC 401K PROFIT SHARING PLAN AND TRUST · NORCROSS, GA · plan year 2024

Reported admin expense ratio · 2024
0.10%

Softpath System, LLC reported $2,377 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. 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 0.13% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,879th of 2,160), and 10,707th of 11,654 in professional & technical services. active participation has shrunk from 506 to 385 since 2022.

Plan summary
Net assets, end of year$2,507,021
Participants with balances349
Active participants385
Employer contributions—
Employee contributions$360,505
Employer contribution per active participant—
Average account balance$7,183
Benefits paid to participants$114,219
Plan auditUnmodified (clean) audit opinion
AuditorSMITH HOWARD
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 349 accts
2023$2.0M · 347 accts
2022$1.8M · 334 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,377
Total administrative$2,377
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 · 20242
ADP, INC. · Loan processing · Recordkeeping$2,376
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,377 · 0.10%
2023$3,206 · 0.17%
2022$2,620 · 0.13%
Same employer
Similar plansProfessional & Technical Services · Georgia
Amr Resources, LLC GA$3.3M · 0.72%
Clark & Washington, PC GA$3.1M · 0.14%
Allyon, Inc. GA$3.0M · 1.17%
Milan Eye, LLC GA$2.4M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582501704 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.