Plan Ledger DOL Form 5500 · updated monthly

31-W Insulation Co., Inc.401(k)

31-W INSULATION CO., INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN · GOODLETTSVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

31-W Insulation Co., Inc. reported $10,443 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $811 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.47% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 717th-largest of 1,496 plans among Tennessee employers on file, and the 2,617th of 5,337 in construction. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,710,171
Participants with balances254
Active participants493
Employer contributions$400,000
Employee contributions$1,023,356
Employer contribution per active participant$811
Average account balance$53,977
Benefits paid to participants$1,756,894
Plan auditUnmodified (clean) audit opinion
AuditorSTONE,RUDOLPH & HENRY PLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 254 accts · $400K emplr
2023$12.7M · 280 accts · $350K emplr
2022$10.0M · 243 accts · $301K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,443
Total administrative$10,443
The 31-W Insulation Co., Inc. 401(k) match · 2024
Employer contribution per active participant$811
Median for plans this size$2,416
2024$811 per active participant
2023$694 per active participant
2022$557 per active participant

31-W Insulation Co., Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
AVINTUS, LLC · Recordkeeping$3,675
AVINTUS, LLC · Recordkeeping$675
AVINTUS, LLC · Recordkeepingindirect comp
LEAFHOUSE FINANCIAL ADVISORS LLC · Insurance broker$6,372
NATIONWIDE · Investment management$1,553
CETERA ADVISOR NETWORKS LLC · Insurance brokerindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024AVINTUS, LLC
2023PPA/TPA

This plan has changed recordkeepers within these filings. If you left 31-W Insulation Co., Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,443 · 0.08%
2023$57,623 · 0.51%
2022$52,146 · 0.47%
Same employer
Similar plansConstruction · Tennessee
Summers-Taylor, Inc TN$16.5M · 0.19%
Ford Construction Company TN$14.2M · 0.43%
Enterprise Electric, LLC TN$12.1M · 0.28%
Gem Technologies, Inc. TN$11.7M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621037670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.