Plan Ledger DOL Form 5500 · updated monthly

Synergis401(k)

SYNERGIS PROFIT SHARING PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.91%

Synergis reported $63,635 in plan administrative expenses for 2024: 0.91% of average plan assets, higher 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 0.98% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Georgia (1,392nd of 2,160), and the 1,159th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$7,795,559
Participants with balances385
Active participants284
Employer contributions—
Employee contributions$1,806,389
Employer contribution per active participant—
Average account balance$20,248
Benefits paid to participants$1,312,452
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 385 accts
2023$6.2M · 417 accts
2022$3.9M · 374 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,603
Investment management$16,032
Total administrative$63,635
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
ADP, INC. · Loan processing · Recordkeeping$47,603
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$16,032
ADP BROKER-DEALER · Other servicesindirect 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, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$63,635 · 0.91%
2023$56,240 · 1.12%
2022$37,051 · 0.98%
Same employer
Similar plansAdministrative & Support Services · Georgia
Relatient, Inc. GA$8.3M · 1.28%
Cortech, LLC GA$7.3M · 2.21%
Sparus Holdings, LLC GA$5.8M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582355388 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.