Plan Ledger DOL Form 5500 · updated monthly

Utility Service Co., Inc.401(k)

UTILITY SERVICE CO, INC 401K PLAN · PERRY, GA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Utility Service Co., Inc. reported $93,516 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,285 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 fell from 0.40% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 717th-largest of 2,160 plans among Georgia employers on file, and the 1,632nd of 5,337 in construction. In 2024, employees put in $3.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,361,540
Participants with balances497
Active participants329
Employer contributions$751,652
Employee contributions$2,379,416
Employer contribution per active participant$2,285
Average account balance$55,053
Benefits paid to participants$2,122,561
Plan auditUnmodified (clean) audit opinion
AuditorMCNAIR, MCELMORE, MIDDLEBROOKS
Plan history3
Yearassets · accounts · employer contribution
2024$27.4M · 497 accts · $752K emplr
2023$23.4M · 563 accts · $47 emplr
2022$20.7M · 693 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,152
Investment management$39,364
Total administrative$93,516
The Utility Service Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,285
Median for plans this size$2,416
2024$2,285 per active participant
2023$0 per active participant
2022$891 per active participant

Utility Service Co., Inc.'s 2024 employer contribution ran below 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$54,152
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$39,364

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$93,516 · 0.37%
2023$84,960 · 0.38%
2022$87,342 · 0.40%
Same employer
Similar plansConstruction · Georgia
Empire Homes US Corp GA$29.9M · 0.31%
The Winter Construction GA$28.9M · 0.41%
Glass Systems, Inc GA$27.2M · 0.00%
Stewart Bros., Inc. GA$25.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581920989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.