Board of Trustees of the Central South Carpenters and Millwrights Defi401(k)
CENTRAL SOUTH CARPENTERS AND MILWRIGHTS DEFINED CONTRIBUTION FUND · GOODLETTSVILLE, TN · plan year 2024
Reported admin expense ratio · 2024
0.25%
Peer grade: D· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees of the Central South Carpenters and Millwrights Defi reported $1,903,165 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $962 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 0.20% to 0.25%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 27th-largest of 1,496 plans among Tennessee employers on file, and the 147th of 4,798 in finance & insurance. In 2024, the employer put in $139.82 for every $1.00 employees contributed themselves; active participation has grown from 16,820 to 51,643 since 2022.
The Board of Trustees of the Central South Carpenters and Millwrights Defi 401(k) match · 2024
Employer contribution per active participant$962
Median for plans this size$4,294
2024$962 per active participant
2023$983 per active participant
2022$917 per active participant
Board of Trustees of the Central South Carpenters and Millwrights Defi's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 202412
SOUTHERN BENEFIT ADMINISTRATORS · Contract administrator · Other services$528,436
Source: U.S. Department of Labor, Form 5500 series, EIN 710851216 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.