Plan Ledger DOL Form 5500 · updated monthly

Wood Residential Services, LLC401(k)

WOOD RESIDENTIAL SERVICES, LLC RETIREMENT SAVINGS PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.61%

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

Wood Residential Services, LLC reported $60,742 in plan administrative expenses for 2023: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,735 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 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Georgia (1,136th of 2,160), and the 989th of 2,096 in real estate & leasing. In 2023, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 341 to 440 since 2022.

Plan summary
Net assets, end of year$11,936,846
Participants with balances692
Active participants440
Employer contributions$1,203,372
Employee contributions$1,707,682
Employer contribution per active participant$2,735
Average account balance$17,250
Benefits paid to participants$1,050,340
Plan auditUnmodified (clean) audit opinion
AuditorMOORE COLSON CPAS AND ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $472K emplr
2023$11.9M · 692 accts · $1.2M emplr
2022$8.1M · 567 accts · $887K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,421
Investment management$22,106
Audit (IQPA)$2,215
Total administrative$60,742
The Wood Residential Services, LLC 401(k) match · 2023
Employer contribution per active participant$2,735
Median for plans this size$2,440
2023$2,735 per active participant
2022$2,600 per active participant

Wood Residential Services, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
FIFTH THIRD BANK · Investment advisory (plan)$19,565
EMPOWER ADVISORY GROUP, LLC · Investment management$2,541
MOORE COLSON & COMPANY PC DBA MOORE · Accounting / audit$2,215

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

Administrative cost history3
2024Not separately reported
2023$60,742 · 0.61%
2022$50,871 · 0.62%
Same employer
Similar plansReal Estate & Leasing · Georgia
Intown Lessee Services, LLC GA$15.3M · 0.13%
Pegasus Residential, LLC GA$14.6M · 0.63%
Safeguard Operations, LLC GA$12.5M · 0.44%
Mansermar, Inc. GA$11.1M · 0.23%
The Integral Group, LLC GA$10.6M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271754288 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.