Plan Ledger DOL Form 5500 · updated monthly

Turner Enterprises Management, LLC401(k)

TURNER ENTERPRISES, INC. 401(K) PLAN · ATLANTA, GA · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Turner Enterprises Management, LLC reported $1,498 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,151 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 agriculture, forestry & fishing employers. By assets it is the 710th-largest of 2,160 plans among Georgia employers on file, and the 174th of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,772,404
Participants with balances236
Active participants209
Employer contributions$658,491
Employee contributions$1,149,187
Employer contribution per active participant$3,151
Average account balance$117,680
Benefits paid to participants$2,546,340
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS BENATOR & LIBBY, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,498
Total administrative$1,498
The Turner Enterprises Management, LLC 401(k) match · 2022
Employer contribution per active participant$3,151
Median for plans this size$2,266

Turner Enterprises Management, LLC'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$1,498 · 0.00%
Same employer
Similar plansAgriculture, Forestry & Fishing · Georgia
Fieldale Farms Corporation GA$164.2M · 0.31%
Mar-Jac Poultry, Inc. GA$89.2M · 0.05%
Sar Trilogy, LLC GA$31.6M · 0.22%
Mobley Greenhouse, Inc. GA$10.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581259406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.