Plan Ledger DOL Form 5500 · updated monthly

Sovereign's Engineering & Surveying Holdings, Inc. dba Gaskins Lecraw401(k)

GASKINS LECRAW 401(K) PROFIT SHARING PLAN · MARIETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Sovereign's Engineering & Surveying Holdings, Inc. dba Gaskins Lecraw reported $83,806 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,062 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 3 years on file its reported administrative ratio has held roughly steady near 0.88%. 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 (1,212th of 2,160), and 7,797th of 11,654 in professional & technical services. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 142 to 161 since 2022.

Plan summary
Net assets, end of year$10,643,878
Participants with balances298
Active participants161
Employer contributions$331,998
Employee contributions$736,526
Employer contribution per active participant$2,062
Average account balance$35,718
Benefits paid to participants$214,369
Plan auditUnmodified (clean) audit opinion
AuditorDENT MOSES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 298 accts · $332K emplr
2023$8.4M · 272 accts · $305K emplr
2022$7.0M · 261 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,806
Total administrative$83,806
The Sovereign's Engineering & Surveying Holdings, Inc. dba Gaskins Lecraw 401(k) match · 2024
Employer contribution per active participant$2,062
Median for plans this size$1,313
2024$2,062 per active participant
2023$1,990 per active participant
2022$1,912 per active participant

Sovereign's Engineering & Surveying Holdings, Inc. dba Gaskins Lecraw's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$53,551
ERISA SERVICES OF GEORGIA, LLC · Recordkeeping · Loan processing$1,875
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$28,380

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

Recordkeeper by year2
2024ERISA SERVICES OF GEORGIA, LLC, Transamerica
2023Ascensus, ERISA SERVICES OF GEORGIA, LLC, Transamerica

This plan has changed recordkeepers within these filings. If you left Sovereign's Engineering & Surveying Holdings, Inc. dba Gaskins Lecraw before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$83,806 · 0.88%
2023$66,233 · 0.87%
2022$60,830 · 0.87%
Same employer
Similar plansProfessional & Technical Services · Georgia
Bennett & Pless, Inc. GA$11.0M · 0.24%
Foy & Associates, PC GA$10.9M · 0.17%
Itineris NA, Inc. GA$10.9M · 0.49%
Ihrc, Inc. GA$10.6M · 0.18%
Booster Enterprises, Inc. GA$10.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873024956 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.