Plan Ledger DOL Form 5500 · updated monthly

Bentkey Services, LLC401(k)

BENTKEY SERVICES 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Bentkey Services, LLC reported $72,552 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $4,378 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 0.53% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Tennessee (792nd of 1,496), and 1,433rd of 2,199 in information & media. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 225 to 248 since 2022.

Plan summary
Net assets, end of year$11,243,676
Participants with balances237
Active participants248
Employer contributions$1,085,816
Employee contributions$1,664,093
Employer contribution per active participant$4,378
Average account balance$47,442
Benefits paid to participants$1,206,755
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 237 accts · $1.1M emplr
2023$7.5M · 232 accts · $1.1M emplr
2022$4.0M · 229 accts · $705K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,070
Investment management$29,482
Total administrative$72,552
The Bentkey Services, LLC 401(k) match · 2024
Employer contribution per active participant$4,378
Median for plans this size$1,313
2024$4,378 per active participant
2023$4,124 per active participant
2022$3,135 per active participant

Bentkey Services, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$43,070
ALLIANT RETIREMENT SERVICES · Investment advisory (plan)$28,075

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

Administrative cost history3
2024$72,552 · 0.78%
2023$29,880 · 0.52%
2022$18,908 · 0.53%
Same employer
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Site Organic LLC TN$24.0M · 0.66%
Lewisburg Printing, LLC TN$18.9M · 0.52%
Malco Management Company TN$10.9M · 0.08%
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Livtech Purchaser, Inc. TN$8.0M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833484126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.