Plan Snapshot
- Plan Sponsor: Associated General Contractors Of Georgia, INC.
- Sponsor EIN: 580144470
- Sponsor Address: 1940 THE EXCHANGE, ATLANTA, GA, 30339
- Plan Type: 401(k)
- Total Participants: 5,784
- Total Assets: $227.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,784 | $227.0M | $7.1M | $17.6M |
| 2023 | 4,662 | $192.8M | $6.0M | $14.8M |
| 2022 | 4,545 | $163.2M | $5.3M | $13.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| AMERITAS LIFE INSURANCE CORP | Recordkeeper | $498,714 | — | $498,714 |
| BENSOURCE EMPLOYEE BENEFITS | Other Service Provider | $450,348 | — | $450,348 |
| CAMBRIDGE INVESTMENT RESEARCH, INC. | Investment Advisor | $61,411 | — | $61,411 |
| SMITH & HOWARD | Other Service Provider | $41,000 | — | $41,000 |
| CHARLES SCHWAB BANK | Recordkeeper | $39,880 | — | $39,880 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERITAS LIFE INSURANCE CORP — Recordkeeper
- CHARLES SCHWAB BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,091,353
- Estimated Expense Ratio: 0.481% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,092,331 | $511,759 | $498,714 | $41,000 | — |
| 2023 | $1,090,837 | $447,815 | $473,301 | $30,796 | — |
| 2022 | $1,043,540 | $429,536 | $548,646 | — | $65,358 |