Smith, Gambrell & Russell, LLP 401(k) Review & Grade
Smith, Gambrell & Russell, LLP 401(k) Retirement Plan
Atlanta, GAProfessional, Scientific & Technical Services540 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$12,599Employer $ per active participant
$12,687Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$266.4MNet plan assets, end of year
$379,536Average balance per account
Score breakdown
- Employer generosity47.2 / 5094th percentile for employer $ per participant
- Low cost24.2 / 2597th percentile for low admin cost vs. same-size plans
- Employee saving11.8 / 1579th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score93 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 94th |
| Lower admin cost | 97th |
| Employee saving | 79th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Smith, Gambrell & Russell, LLP put in about $12,599 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $6,803,481 |
| Participant (employee) contributions | $6,851,022 |
| Other contributions (incl. rollovers in) | $2,210,452 |
| Administrative expenses paid from the plan | $32,805 |
| Benefits paid out | $9,190,890 |
| Net assets, start / end of year | $229.2M / $266.4M |
| Active participants, start / end of year | 556 / 524 |
| Participants with account balances | 702 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Windham Brannon, LLC. |
Largest service providers (Schedule C)
| Savant Capital LLC | $53,681 reported compensation |
| T Rowe Price RPS Inc | $32,811 reported compensation |
| United Capital Financial Advisors | $25,959 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010124437NAL0004613395001, received 2025-10-10, EIN 58-0967450, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.