Plan Ledger DOL Form 5500 · updated monthly

Abg Operating, LLC401(k)

AMERICAN BATH GROUP 401(K) PLAN · SAVANNAH, TN · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Abg Operating, LLC reported $255,307 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $294 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 0.24% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 138th-largest of 1,496 plans among Tennessee employers on file, and the 1,620th of 13,661 in manufacturing. In 2024, employees put in $3.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$124,118,891
Participants with balances1,791
Active participants4,778
Employer contributions$1,406,238
Employee contributions$4,902,609
Employer contribution per active participant$294
Average account balance$69,301
Benefits paid to participants$19,756,879
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$124.1M · 1,791 accts · $1.4M emplr
2023$122.1M · 1,990 accts · $1.6M emplr
2022$111.3M · 2,123 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,221
Investment management$99,086
Total administrative$255,307
The Abg Operating, LLC 401(k) match · 2024
Employer contribution per active participant$294
Median for plans this size$3,635
2024$294 per active participant
2023$304 per active participant
2022$328 per active participant

Abg Operating, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$186,338
COOK STREET CONSULTING, INC. · Investment management$69,019

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$255,307 · 0.21%
2023$263,828 · 0.23%
2022$285,604 · 0.24%
Similar plansManufacturing · Tennessee
Mueller Industries, Inc. TN$180.0M · 0.12%
Frontdoor, Inc. TN$147.4M · 0.10%
Playcore, Inc. TN$146.1M · 0.02%
Bryce Corporation TN$115.3M · 0.12%
Lallemand USA, Inc. TN$102.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474204265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.