Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Atlanta Ironworkers Supplemental RetiremProfit-sharing plan

ATLANTA IRONWORKERS SUPPLEMENTAL RETIREMENT PLAN · GOODLETTSVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Board of Trustees Atlanta Ironworkers Supplemental Retirem reported $39,393 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,272 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 1.02% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Tennessee (1,049th of 1,496), and 4,426th of 4,798 in finance & insurance. active participation has grown from 1,011 to 1,276 since 2022.

Plan summary
Net assets, end of year$5,364,949
Participants with balances1,276
Active participants1,276
Employer contributions$1,623,498
Employee contributions—
Employer contribution per active participant$1,272
Average account balance$4,205
Benefits paid to participants$143,677
Plan auditUnmodified (clean) audit opinion
AuditorSTEVEN D EISENBERG CPA, P.A
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 1,276 accts · $1.6M emplr
2023$3.7M · 1,210 accts · $1.1M emplr
2022$2.4M · 1,011 accts · $937K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,241
Audit (IQPA)$8,902
Total administrative$39,393
Employer contributions to the Board of Trustees Atlanta Ironworkers Supplemental Retirem plan · 2024
Employer contribution per active participant$1,272
Median for plans this size$1,313
2024$1,272 per active participant
2023$923 per active participant
2022$926 per active participant

Board of Trustees Atlanta Ironworkers Supplemental Retirem's 2024 employer contribution ran below the $1,313 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 · 20242
SOUTHERN BENEFIT ADMINISTRATORS INC · Contract administrator$25,241
STEVEN D. EISENBERG CPA, P.A. · Accounting / audit$8,902

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$39,393 · 0.87%
2023$30,601 · 1.02%
2022$20,677 · 1.02%
Similar plansFinance & Insurance · Tennessee
Nephila Advisors, LLC TN$6.0M · 0.01%
Apex Bank TN$5.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832850021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.