Plan Ledger DOL Form 5500 · updated monthly

The Sheltering Arms401(k)

THE SHELTERING ARMS SAFE-HARBOR 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

The Sheltering Arms reported $36,204 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $636 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 0.32% to 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,609th of 2,160), and 7,849th of 11,911 in health care & social assistance. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 258 to 335 since 2022.

Plan summary
Net assets, end of year$5,106,336
Participants with balances178
Active participants335
Employer contributions$213,096
Employee contributions$308,963
Employer contribution per active participant$636
Average account balance$28,687
Benefits paid to participants$235,098
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 178 accts · $213K emplr
2023$4.4M · 171 accts · $169K emplr
2022$4.2M · 178 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,684
Investment management$2,520
Total administrative$36,204
The The Sheltering Arms 401(k) match · 2024
Employer contribution per active participant$636
Median for plans this size$1,313
2024$636 per active participant
2023$526 per active participant
2022$545 per active participant

The Sheltering Arms's 2024 employer contribution ran below the $1,313 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$32,433
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$1,251
NORTHWESTERN MUTUAL INVESTMENT SERV · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$36,204 · 0.76%
2023$12,817 · 0.30%
2022$14,767 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Vsm Management, LLC GA$5.2M · 1.03%
Cardiovascular Group, LLC GA$5.1M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580566236 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.