Plan Ledger DOL Form 5500 · updated monthly

The Arc of Southwest Georgia401(k)

THE ARC OF SOUTHWEST GEORGIA 401(K) PROFIT SHARING PLAN · ALBANY, GA · plan year 2022

Reported admin expense ratio · 2022
1.04%

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

The Arc of Southwest Georgia reported $10,689 in plan administrative expenses for 2022: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $260 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (2,037th of 2,160), and 10,875th of 11,911 in health care & social assistance. In 2022, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,040,793
Participants with balances71
Active participants171
Employer contributions$44,392
Employee contributions$62,263
Employer contribution per active participant$260
Average account balance$14,659
Benefits paid to participants$174,000
Plan auditUnmodified (clean) audit opinion
AuditorDRAFFIN & TUCKER, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,689
Total administrative$10,689
The The Arc of Southwest Georgia 401(k) match · 2022
Employer contribution per active participant$260
Median for plans this size$1,114

The Arc of Southwest Georgia's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$10,689 · 1.04%
Similar plansHealth Care & Social Assistance · Georgia
Genetic Foresight GA$1.2M · 1.33%
Personal Care, Inc. GA$1.1M · 3.12%
Tralongo Management, P.C. GA$1.0M · 0.93%
Jbear Enterprises, LLC GA$922K · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581234047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.