Plan Ledger DOL Form 5500 · updated monthly

Ajax Turner Co., Inc.401(k)

AJAX TURNER CO., INC. 401K PROFIT SHARING PLAN · LAVERGNE, TN · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Ajax Turner Co., Inc. reported $164,380 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,594 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 rose from 0.54% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 434th-largest of 1,496 plans among Tennessee employers on file, and the 1,427th of 4,246 in wholesale trade. In 2024, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,196,797
Participants with balances482
Active participants250
Employer contributions$898,520
Employee contributions$1,066,111
Employer contribution per active participant$3,594
Average account balance$58,500
Benefits paid to participants$3,177,088
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.2M · 482 accts · $899K emplr
2023$26.0M · 477 accts · $900K emplr
2022$23.3M · 452 accts · $818K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$164,380
Total administrative$164,380
The Ajax Turner Co., Inc. 401(k) match · 2024
Employer contribution per active participant$3,594
Median for plans this size$2,416
2024$3,594 per active participant
2023$3,346 per active participant
2022$3,451 per active participant

Ajax Turner Co., Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$698

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$164,380 · 0.61%
2023$143,979 · 0.58%
2022$137,138 · 0.54%
Same employer
Similar plansWholesale Trade · Tennessee
Dunavant Enterprises, Inc. TN$28.6M · 0.12%
The Lilly Company TN$27.1M · 0.02%
Hankook Tire America Corp. TN$26.3M · 0.47%
Keller Group TN$24.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620645490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.