Plan Ledger DOL Form 5500 · updated monthly

Surya Carpet, Inc.401(k)

SURYA CARPET, INC. 401(K) PLAN · WHITE, GA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Surya Carpet, Inc. reported $17,200 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $833 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 0.11% to 0.19%. 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 (1,225th of 2,160), and 2,851st of 4,246 in wholesale trade. In 2024, employees put in $4.65 for every $1.00 the employer contributed; active participation has grown from 215 to 376 since 2022.

Plan summary
Net assets, end of year$10,436,691
Participants with balances431
Active participants376
Employer contributions$313,281
Employee contributions$1,458,172
Employer contribution per active participant$833
Average account balance$24,215
Benefits paid to participants$382,486
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 431 accts · $313K emplr
2023$7.3M · 358 accts · $201K emplr
2022$3.7M · 267 accts · $156K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,750
Investment management$12,837
Total administrative$17,200
The Surya Carpet, Inc. 401(k) match · 2024
Employer contribution per active participant$833
Median for plans this size$1,313
2024$833 per active participant
2023$543 per active participant
2022$724 per active participant

Surya Carpet, Inc.'s 2024 employer contribution ran below 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 · 20242
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$12,837

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$17,200 · 0.19%
2023$8,258 · 0.15%
2022$4,168 · 0.11%
Same employer
Similar plansWholesale Trade · Georgia
Whitaker Oil Company GA$11.3M · 0.03%
Heely-Brown Company, Inc. GA$11.0M · 0.35%
Mimaki USA, Inc. GA$10.5M · 0.17%
Freedom Electronics LLC GA$10.4M · 0.06%
Gravotech, Inc. GA$10.2M · 0.44%
Mud Pie, LLC GA$10.0M · 0.55%
Cme Wire & Cable, Inc. GA$9.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133344243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.