Plan Ledger DOL Form 5500 · updated monthly

Southeast Mortgage of Georgia, Inc.401(k)

SOUTHEAST MORTGAGE OF GEORGIA, INC. 401(K) PLAN · DULUTH, GA · plan year 2024

Reported admin expense ratio · 2024
0.36%

Southeast Mortgage of Georgia, Inc. reported $34,237 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.362%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Georgia (1,251st of 2,160), and 3,980th of 4,798 in finance & insurance. active participation has shrunk from 198 to 147 since 2022.

Plan summary
Net assets, end of year$10,024,720
Participants with balances124
Active participants147
Employer contributions—
Employee contributions$647,710
Employer contribution per active participant—
Average account balance$80,845
Benefits paid to participants$1,000,400
Plan auditDisclaimer of opinion
AuditorBROWN & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 124 accts
2023$8.9M · 141 accts · $175K emplr
2022$7.8M · 167 accts · $456K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,237
Total administrative$34,237
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
ASCENSUS LLC · Loan processing · Recordkeeping$34,237

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$34,237 · 0.36%
2023$31,437 · 0.38%
2022$28,642 · 0.36%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 582059073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.