Plan Ledger DOL Form 5500 · updated monthly

Terminus Software, Inc.401(k)

TERMINUS 401(K) PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Terminus Software, Inc. reported $25,509 in plan administrative expenses for 2023: 0.31% of average plan assets, below the peer median. Employer contributions averaged $2,624 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 has held roughly steady near 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,340th of 2,160), and 8,488th of 11,654 in professional & technical services. In 2023, employees put in $5.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,527,271
Participants with balances179
Active participants93
Employer contributions$244,043
Employee contributions$1,318,597
Employer contribution per active participant$2,624
Average account balance$47,638
Benefits paid to participants$2,981,011
AuditorAPRIO
Plan history2
Yearassets · accounts · employer contribution
2023$8.5M · 179 accts · $244K emplr
2022$8.0M · 242 accts · $554K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,509
Total administrative$25,509
The Terminus Software, Inc. 401(k) match · 2023
Employer contribution per active participant$2,624
Median for plans this size$1,308
2023$2,624 per active participant
2022$3,164 per active participant

Terminus Software, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$25,509

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

Administrative cost history2
2023$25,509 · 0.31%
2022$29,834 · 0.32%
Same employer
Similar plansProfessional & Technical Services · Georgia
Rev.Io GA$9.0M · 0.03%
Minsait Acs Inc. GA$9.0M · 0.72%
Docebo NA Inc. GA$8.9M · 0.43%
Purecars Technologies LLC GA$8.6M · 0.29%
Meritage Healthcare, LLC GA$8.5M · 0.41%
Bluewater Energy, Inc. GA$8.3M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465243594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.