Retirement plan

GEORGIA STATE GOLF ASSOCIATION, INC. 401(K) PROFIT SHARING PLAN

Name: GEORGIA STATE GOLF ASSOCIATION, INC. - GEORGIA STATE GOLF ASSOCIATION, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: GEORGIA STATE GOLF ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GEORGIA STATE GOLF ASSOCIATION, INC. 401(K) PROFIT SHARING PLAN, GEORGIA STATE GOLF ASSOCIATION, INC.

GEORGIA STATE GOLF ASSOCIATION, INC.EIN 58-1145042Plan #002PY 2024

2205 NORTHSIDE DRIVE, NW, SUITE 200 - ATLANTA, GA 30305770-955-4272gsga.orgLinkedIn11-50 employeessports

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.8M

-5.1% from 2023

Total participants

+15.4% from 2023

Average account balance

$93,690

-17.8% from 2023

Annual return

12.63%

-4.04 pp from 2023

Benchmarks

See 10,220 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort10,220 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.81M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

136.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$279K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+12.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27494

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 codes2E2F2G2J2T3D

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).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$825K

$37492 / participant

Other / not subdivided$825K100.0%

% of EOY assets

29.346%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$93,690

$169,356-44.7%

$129,406-27.6%

$145,897-35.8%

Participation rate

100.0%

76.5%+23.5pp

69.6%+30.4pp

80.3%+19.7pp

Annual return

12.63%

14418.62%-14406.0pp

9468.18%-9455.6pp

552.29%-539.7pp

Employer contribution / active EE

$6,828

$5,542+23.2%

$4,155+64.3%

$4,663+46.4%

Participant deferral / active EE

$5,850

$4,987+17.3%

$4,167+40.4%

$6,689-12.5%

Admin fee / account holder

$27,494

$9,915+177.3%

$7,689+257.6%

$13,390+105.3%

GEORGIA STATE GOLF ASSOCIATION, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GEORGIA STATE GOLF ASSOCIATION, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion