Plan Ledger DOL Form 5500 · updated monthly

Turf Masters Brands Payroll Management, LLC401(k)

TURF MASTERS BRANDS PAYROLL MANAGEMENT, LLC 401(K) PLAN · ROSWELL, GA · plan year 2024

Reported admin expense ratio · 2024
1.43%

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

Turf Masters Brands Payroll Management, LLC reported $80,214 in plan administrative expenses for 2024: 1.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,101 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Georgia (1,307th of 2,160), and the 1,060th of 2,534 in administrative & support services. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,089,172
Participants with balances756
Active participants870
Employer contributions$957,961
Employee contributions$1,466,006
Employer contribution per active participant$1,101
Average account balance$12,023
Benefits paid to participants$774,252
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,682
Investment management$882
Total administrative$80,214
The Turf Masters Brands Payroll Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,101
Median for plans this size$1,313

Turf Masters Brands Payroll Management, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)$77,682
ONEDIGITAL INVESTMENT ADVISORS$882

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

Administrative cost history1
2024$80,214 · 1.43%
Same employer
Similar plansAdministrative & Support Services · Georgia
Creative Multicare, LLC GA$10.9M · 0.36%
Rsh Staffing, LLC GA$9.1M · 0.71%
Relatient, Inc. GA$8.3M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931403342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.