Plan Ledger DOL Form 5500 · updated monthly

The Paradies Shops, LLC401(k)

PARADIES LAGARDERE 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

The Paradies Shops, LLC reported $80,409 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $274 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 0.29% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 377th-largest of 2,160 plans among Georgia employers on file, and the 531st of 5,215 in retail trade. In 2024, employees put in $2.84 for every $1.00 the employer contributed; active participation has grown from 6,142 to 7,459 since 2022.

Plan summary
Net assets, end of year$65,617,864
Participants with balances2,499
Active participants7,459
Employer contributions$2,043,716
Employee contributions$5,814,372
Employer contribution per active participant$274
Average account balance$26,258
Benefits paid to participants$5,754,460
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.6M · 2,499 accts · $2.0M emplr
2023$56.0M · 2,279 accts · $1.8M emplr
2022$44.6M · 2,101 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,630
Trustee / custodial$9,779
Total administrative$80,409
The The Paradies Shops, LLC 401(k) match · 2024
Employer contribution per active participant$274
Median for plans this size$3,635
2024$274 per active participant
2023$257 per active participant
2022$275 per active participant

The Paradies Shops, LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
USI CONSULTING GROUP · Recordkeeping · Consulting$70,630
MATRIX TRUST COMPANY · Trustee · Trustee (directed)$9,779

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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Administrative cost history3
2024$80,409 · 0.13%
2023$27,173 · 0.05%
2022$136,803 · 0.29%
Same employer
Similar plansRetail Trade · Georgia
Guardian Pharmacy, LLC GA$91.2M · 0.18%
Hennessy Cadillac, Inc. GA$71.4M · 0.16%
Jim Ellis Atlanta, Inc. GA$62.4M · 0.41%
Rbm of Atlanta, Inc. GA$54.2M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580839094 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.