Plan Ledger DOL Form 5500 · updated monthly

Turner Enterprises Management, LLC401(k)

TURNER ENTERPRISES MANAGEMENT, LLC 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Turner Enterprises Management, LLC reported $20,157 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,471 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 1 year on file its reported administrative ratio rose from 0.00% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 558th-largest of 2,160 plans among Georgia employers on file, and the 120th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,815,883
Participants with balances235
Active participants234
Employer contributions$812,113
Employee contributions$1,359,551
Employer contribution per active participant$3,471
Average account balance$165,174
Benefits paid to participants$1,725,720
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS BENATOR & LIBBY, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$38.8M · 235 accts · $812K emplr
2023$33.8M · 235 accts · $784K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,067
Investment management$2,090
Total administrative$20,157
The Turner Enterprises Management, LLC 401(k) match · 2024
Employer contribution per active participant$3,471
Median for plans this size$2,416
2024$3,471 per active participant
2023$3,282 per active participant

Turner Enterprises Management, LLC's 2024 employer contribution ran above the $2,416 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
EMPOWER ADVISORY GROUP, LLC · Investment management$1,118

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

Administrative cost history2
2024$20,157 · 0.06%
2023$1,509 · 0.00%
Same employer
Similar plansAgriculture, Forestry & Fishing · Georgia
Siteone Landscape Supply GA$603.1M · 0.09%
Wayne Farms LLC GA$595.7M · 0.45%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 883146796 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.