Retirement plan

GEORGIA AUTOMATED ACCESS 401(K) PLAN

Name: GEORGIA AUTOMATED ACCESS, INC. - GEORGIA AUTOMATED ACCESS 401(K) PLAN (2021) Form 5500
Creator: GEORGIA AUTOMATED ACCESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GEORGIA AUTOMATED ACCESS 401(K) PLAN, GEORGIA AUTOMATED ACCESS, INC.

GEORGIA AUTOMATED ACCESS, INC.EIN 20-1855979Plan #001PY 2021

1460 VENTURA DRIVE, SUITE A - CUMMING, GA 30040678-776-8343LinkedIn1-10 employeesfarming

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$425K

+19.8% from 2020

Total participants

0.0% from 2020

Average account balance

$85,027

+19.8% from 2020

Annual return

14.64%

-4.35 pp from 2020

Benchmarks

See 5,804 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort5,804 peers

Snapshot2021

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$571K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$114K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$46K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.72%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$1724

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$85,027

$155,833-45.4%

$124,693-31.8%

$167,536-49.2%

Participation rate

83.3%

81.1%+2.2pp

74.6%+8.7pp

82.1%+1.2pp

Annual return

14.64%

17.98%-3.3pp

5144.19%-5129.5pp

478.82%-464.2pp

Employer contribution / active EE

$1,527

$4,164-63.3%

$3,324-54.1%

$4,839-68.4%

Participant deferral / active EE

$1,527

$5,675-73.1%

$4,615-66.9%

$6,342-75.9%

Admin fee / account holder

$9,534-100.0%

$7,494-100.0%

$12,315-100.0%

GEORGIA AUTOMATED ACCESS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GEORGIA AUTOMATED ACCESS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion