Plan Ledger DOL Form 5500 · updated monthly

The Ginn Group, Inc.401(k)

THE GINN GROUP, INC. 401(K) PROFIT SHARING & TRUST · PEACHTREE CITY, GA · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

The Ginn Group, Inc. reported $30,888 in plan administrative expenses for 2023: 0.48% of average plan assets, below the peer median. Employer contributions averaged $1,625 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 0.13% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Georgia (1,459th of 2,160), and 3,598th of 5,337 in construction. In 2023, employees put in $2.88 for every $1.00 the employer contributed; active participation has shrunk from 159 to 126 since 2022.

Plan summary
Net assets, end of year$6,958,056
Participants with balances158
Active participants126
Employer contributions$204,700
Employee contributions$588,621
Employer contribution per active participant$1,625
Average account balance$44,038
Benefits paid to participants$602,576
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 75 accts · $33K emplr
2023$7.0M · 158 accts · $205K emplr
2022$5.8M · 151 accts · $192K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,172
Investment management$10,716
Total administrative$30,888
The The Ginn Group, Inc. 401(k) match · 2023
Employer contribution per active participant$1,625
Median for plans this size$1,308
2024$4,661 per active participant
2023$1,625 per active participant
2022$1,210 per active participant

The Ginn Group, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$31,889

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$54,217 · 1.03%
2023$30,888 · 0.48%
2022$8,454 · 0.13%
Same employer
Similar plansConstruction · Georgia
Dco, Inc. GA$7.5M · 0.14%
Massana, Inc. GA$7.0M · 0.38%
Division 5, LLC. GA$6.9M · 0.39%
Peach State Roofing, Inc. GA$6.9M · 0.07%
Cable East Inc GA$6.7M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582352827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.