Plan Ledger DOL Form 5500 · updated monthly

Technical Associates of Georgia, Inc.ESOP

TECHNICAL ASSOCIATES OF GEORGIA EMPLOYEE STOCK OWNERSHIP PLAN · ALBANY, GA · plan year 2023

Reported admin expense ratio · 2023
0.62%

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

Technical Associates of Georgia, Inc. reported $90,845 in plan administrative expenses for 2023: 0.62% of average plan assets, higher than ~90% of peers. Employer contributions averaged $770 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 0.72% to 0.82%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 982nd-largest of 2,160 plans among Georgia employers on file, and 6,368th of 11,654 in professional & technical services. active participation has grown from 151 to 185 since 2022.

Plan summary
Net assets, end of year$15,902,178
Participants with balances350
Active participants185
Employer contributions$142,500
Employee contributions—
Employer contribution per active participant$770
Average account balance$45,435
Benefits paid to participants$1,832,613
Plan auditUnmodified (clean) audit opinion
AuditorMAULDIN AND JENKINS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 317 accts · $143K emplr
2023$15.9M · 350 accts · $143K emplr
2022$13.5M · 344 accts
Administrative expenses, itemized · 2023
Audit (IQPA)$13,400
Trustee / custodial$15,000
Total administrative$90,845
Employer contributions to the Technical Associates of Georgia, Inc. plan · 2023
Employer contribution per active participant$770
Median for plans this size$2,440
2024$896 per active participant
2023$770 per active participant

Technical Associates of Georgia, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
FUTUREPLAN · Contract administrator · Recordkeeping$44,148
WILLAMETTE MANAGEMENT ASSOCIATES · Valuation$17,933
KIRBO & KIRBO, P.C. · Trustee$15,000
MAULDIN & JENKINS · Accounting / audit$13,400

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$118,151 · 0.82%
2023$90,845 · 0.62%
2022$97,493 · 0.72%
All plans at this employer2
TECHNICAL ASSOCIATES OF GEORGIA, INC. RETIREMENT PLAN401(k)
TECHNICAL ASSOCIATES OF GEORGIA EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 581409457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.