Plan Ledger DOL Form 5500 · updated monthly

Bath Fitter Tennessee, Inc.401(k)

BATH FITTER USA RETIREMENT PLAN · SPRINGFIELD, TN · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Bath Fitter Tennessee, Inc. reported $167,188 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,078 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 0.71% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 448th-largest of 1,496 plans among Tennessee employers on file, and the 4,815th of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,350,548
Participants with balances824
Active participants535
Employer contributions$1,111,578
Employee contributions$2,072,435
Employer contribution per active participant$2,078
Average account balance$33,192
Benefits paid to participants$2,612,197
Plan auditUnmodified (clean) audit opinion
AuditorGALLAGHER FLYNN & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2024$27.4M · 824 accts · $1.1M emplr
2022$18.6M · 883 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,216
Investment management$50,972
Total administrative$167,188
The Bath Fitter Tennessee, Inc. 401(k) match · 2024
Employer contribution per active participant$2,078
Median for plans this size$2,416
2024$2,078 per active participant
2022$1,937 per active participant

Bath Fitter Tennessee, Inc.'s 2024 employer contribution ran below 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
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)indirect comp

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

Administrative cost history2
2024$167,188 · 0.66%
2022$138,174 · 0.71%
Same employer
Similar plansManufacturing · Tennessee
Sumiriko Tennessee, Inc. TN$29.8M · 0.05%
Red Collar Pet Foods, Inc. TN$29.3M · 0.31%
Sl America Corporation TN$27.6M · 0.14%
Crown Laboratories,Inc. TN$27.1M · 0.12%
True Temper Sports, Inc. TN$26.4M · 0.27%
The Coats Company, LLC TN$25.8M · 0.08%
Crown Bakeries, LLC TN$25.2M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621811549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.