Plan Ledger DOL Form 5500 · updated monthly

Stark Properties Inc401(k)

STARK PROPERTIES INC DEFERRED SALARY PSP · JACKSON, GA · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Stark Properties Inc reported $176,020 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,397 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 rose from 0.56% to 0.77%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 757th-largest of 2,160 plans among Georgia employers on file, and the 1,206th of 5,215 in retail trade. In 2024, employees put in $1.26 for every $1.00 the employer contributed; active participation has grown from 402 to 1,294 since 2022.

Plan summary
Net assets, end of year$24,976,720
Participants with balances850
Active participants1,294
Employer contributions$1,808,195
Employee contributions$2,287,223
Employer contribution per active participant$1,397
Average account balance$29,384
Benefits paid to participants$1,690,136
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 850 accts · $1.8M emplr
2023$20.8M · 599 accts · $1.7M emplr
2022$17.0M · 502 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,334
Investment management$23,266
Audit (IQPA)$21,420
Total administrative$176,020
The Stark Properties Inc 401(k) match · 2024
Employer contribution per active participant$1,397
Median for plans this size$2,416
2024$1,397 per active participant
2023$3,478 per active participant
2022$3,872 per active participant

Stark Properties Inc's 2024 employer contribution ran below the $2,416 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 · 20241
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$8,481

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$176,020 · 0.77%
2023$125,672 · 0.66%
2022$97,679 · 0.56%
Same employer
Similar plansRetail Trade · Georgia
Pope Automotive Group GA$27.4M · 1.48%
Crowes Management Company GA$25.7M · 0.62%
Purchasing Power LLC GA$25.7M · 0.43%
Atlanta Fork Lifts, Inc. GA$25.1M · 0.38%
Huddle House Inc. GA$23.9M · 1.70%
Kennesaw Motor Sales, Inc. GA$23.0M · 0.05%
Citi Trends, Inc. GA$18.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581343245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.