Plan Ledger DOL Form 5500 · updated monthly

The Systems Group401(k)

THE SYSTEMS GROUP 401K AND PROFIT SHARING PLAN · EL DORADO, AR · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

The Systems Group reported $25,656 in plan administrative expenses for 2023: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,065 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 has held roughly steady near 0.132%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 138th-largest of 456 plans among Arkansas employers on file, and the 1,927th of 5,337 in construction. In 2023, employees put in $4.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,409,565
Participants with balances580
Active participants635
Employer contributions$676,260
Employee contributions$2,762,655
Employer contribution per active participant$1,065
Average account balance$36,913
Benefits paid to participants$2,236,976
Plan auditQualified audit opinion
AuditorFROST PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$21.4M · 580 accts · $676K emplr
2022$17.5M · 599 accts · $724K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,656
Total administrative$25,656
The The Systems Group 401(k) match · 2023
Employer contribution per active participant$1,065
Median for plans this size$2,440
2023$1,065 per active participant
2022$1,097 per active participant

The Systems Group's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$25,655
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$25,656 · 0.13%
2022$25,104 · 0.13%
Same employer
Similar plansConstruction · Arkansas
The Systems Group AR$23.6M · 0.11%
Clark Contractors, LLC. AR$22.9M · 0.25%
Powers of Arkansas, Inc. AR$15.3M · 0.30%
Harness Roofing, Inc. AR$15.1M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710567684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.