Plan Ledger DOL Form 5500 · updated monthly

The McGee Group, Inc.401(k)

THE MCGEE GROUP 401(K) & PROFIT SHARING PLAN · MARIETTA, GA · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

The McGee Group, Inc. reported $6,348 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,323 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Georgia (1,245th of 2,160), and the 1,641st of 3,341 in other services. In 2022, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,105,937
Participants with balances92
Active participants90
Employer contributions$299,112
Employee contributions$459,293
Employer contribution per active participant$3,323
Average account balance$109,847
Benefits paid to participants$548,986
Plan auditUnmodified (clean) audit opinion
AuditorMOORE, COLSON & COMPANY, P.C.
Administrative expenses, itemized · 2022
Professional / advisory$6,348
Total administrative$6,348
The The McGee Group, Inc. 401(k) match · 2022
Employer contribution per active participant$3,323
Median for plans this size$2,266

The McGee Group, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,348 · 0.06%
Same employer
Similar plansOther Services · Georgia
Atlanta Commercial Tire Inc GA$11.1M · 1.17%
Anverse, Inc. GA$11.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582009719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.