Plan Ledger DOL Form 5500 · updated monthly

B.T.L. Industries, Inc.401(k)

LEONARD ASSOCIATES RETIREMENT PLAN · GREENEVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
1.06%

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

B.T.L. Industries, Inc. reported $35,673 in plan administrative expenses for 2022: 1.06% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,529 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Tennessee (1,238th of 1,496), and 10,598th of 11,654 in professional & technical services. In 2022, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,837,093
Participants with balances57
Active participants33
Employer contributions$50,467
Employee contributions$109,426
Employer contribution per active participant$1,529
Average account balance$49,774
Benefits paid to participants$700,319
Plan auditDisclaimer of opinion
AuditorBLACKBURN, CHILDERS, AND STEAGALL
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$24,959
Investment management$10,714
Total administrative$35,673
The B.T.L. Industries, Inc. 401(k) match · 2022
Employer contribution per active participant$1,529
Median for plans this size$1,114

B.T.L. Industries, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$35,673 · 1.06%
Similar plansProfessional & Technical Services · Tennessee
Freeland Chevrolet, LLC TN$3.5M · 0.77%
Womble, LLC TN$3.5M · 0.51%
Renuke Services Inc. TN$2.5M · 0.73%
Hbg Design, Inc. TN$2.3M · 0.25%
Tumacs Corp TN$2.2M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621402900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.