Plan Ledger DOL Form 5500 · updated monthly

The Insurance House, Inc.401(k)

THE INSURANCE HOUSE, INC. SAVINGS PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

The Insurance House, Inc. reported $12,637 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,748 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 fell from 0.16% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Georgia (1,249th of 2,160), and 3,975th of 4,798 in finance & insurance. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has shrunk from 62 to 53 since 2022.

Plan summary
Net assets, end of year$10,047,882
Participants with balances86
Active participants53
Employer contributions$145,646
Employee contributions$377,342
Employer contribution per active participant$2,748
Average account balance$116,836
Benefits paid to participants$911,378
Plan auditUnmodified (clean) audit opinion
AuditorSMITH + HOWARD
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 86 accts · $146K emplr
2023$8.7M · 108 accts · $152K emplr
2022$8.7M · 121 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,637
Total administrative$12,637
The The Insurance House, Inc. 401(k) match · 2024
Employer contribution per active participant$2,748
Median for plans this size$1,313
2024$2,748 per active participant
2023$2,487 per active participant
2022$2,500 per active participant

The Insurance House, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$12,637

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$12,637 · 0.13%
2023$10,613 · 0.12%
2022$16,569 · 0.16%
Similar plansFinance & Insurance · Georgia
Atlanta Postal Credit Union GA$10.4M · 0.29%
Citizens Trust Bank GA$10.3M · 0.04%
Planters First Bank GA$10.2M · 0.42%
Crif Select Corporation GA$9.9M · 0.31%
Fmb Bancshares, Inc. GA$8.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582361092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.