IMHO you are doing as well as your ammo. Much of the std factory .223 ammo I have used was lucky to get to MOA (1" at 100yd, 5" at 500yd, etc). I started reloading the .223 for that reason. You can find some factory ammo such as the IMI Fuj mentioned. There is also the Black Hills and Federal Gold Medal Match. If money is not an issue then Lapua has factory ammo as well. People win matches with premium ammo in this caliber. And, YES, I'd get some 77 or even 80gn loads to try. My cheap Axis in .223 loved 77gn Sierra Match Kings.
I would not mess with the gun except maybe to adjust the trigger. The factory trigger is a good one. I have the varmint trigger (silver blade) on my BVSS and I like it. If you have the red blade target trigger it is considered one of the best for your Savage.
Your factory stock already has an aluminum bedding rail so just torque the screws evenly.
BEWARE!!!! This rifle may become addicting!! Once you start shooting smaller groups you will find you can't stop. Pretty soon you'll want smaller groups. Then you'll make more investments. Pretty soon you will go 'down the rabbit hole' in search of tiny groups and hitting the X ring.
PS where in GA do you shoot at 500yd?
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