Plan Snapshot
- Plan Sponsor: Georgia Utility Contractors Association, INC.
- Sponsor EIN: 581105177
- Sponsor Address: 804 MAIN STREET, FOREST PARK, GA, 30297
- Plan Type: 401(k)
- Total Participants: 1,400
- Total Assets: $35.8M
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 | 1,400 | $35.8M | $1.7M | $2.8M |
| 2023 | 806 | $22.7M | $1.3M | $1.9M |
| 2022 | 745 | $17.1M | $913,456 | $1.6M |
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 | $154,006 | — | $154,006 |
| BENSOURCE EMPLOYEE BENEFITS | Other Service Provider | $86,568 | — | $86,568 |
| JJM CPA | Other Service Provider | $13,200 | — | $13,200 |
| CAMBRIDGE INVESTMENT RESEARCH, INC. | Investment Advisor | $11,805 | — | $11,805 |
| CHARLES SCHWAB BANK | Recordkeeper | $11,326 | — | $11,326 |
| SMITH & HOWARD | Other Service Provider | $10,380 | — | $10,380 |
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: $287,285
- Estimated Expense Ratio: 0.802% 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 | $287,284 | $98,372 | $154,006 | $23,580 | — |
| 2023 | $198,078 | $70,697 | $102,413 | — | — |
| 2022 | $191,152 | $62,222 | $105,890 | — | $23,040 |