Plan Ledger DOL Form 5500 · updated monthly

Woodridge Management, Inc.401(k)

PERIMETER HEALTHCARE 401(K) PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
1.63%

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

Woodridge Management, Inc. reported $86,411 in plan administrative expenses for 2024: 1.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $450 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 2.34% to 1.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,544th of 2,160), and 7,379th of 11,911 in health care & social assistance. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,949,152
Participants with balances257
Active participants1,126
Employer contributions$506,341
Employee contributions$957,337
Employer contribution per active participant$450
Average account balance$23,148
Benefits paid to participants$641,252
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE, CPA, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 257 accts · $506K emplr
2023$4.6M · 232 accts · $385K emplr
2022$3.5M · 302 accts · $485K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,125
Investment management$37,286
Total administrative$86,411
The Woodridge Management, Inc. 401(k) match · 2024
Employer contribution per active participant$450
Median for plans this size$1,313
2024$450 per active participant
2023$229 per active participant
2022$445 per active participant

Woodridge Management, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
PROFESSIONAL CAPITAL SERVICES · Claims processing · Contract administrator$39,728
FOCUS PARTNERS WEALTH · Investment advisory (participants) · Investment advisory (plan)$37,286

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

Recordkeeper by year2
2024PROFESSIONAL CAPITAL SERVICES
2023PROFESSIONAL CAPITAL SERVICES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$86,411 · 1.63%
2023$82,826 · 2.03%
2022$81,417 · 2.34%
Similar plansHealth Care & Social Assistance · Georgia
Chris 180, Inc. GA$5.4M · 0.85%
Phoenix Senior Living GA$5.4M · 5.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204889788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.