Plan Ledger DOL Form 5500 · updated monthly

Boe-Tel Tn Company, LLC401(k)

BOE-TEL TN COMPANY, LLC 401(K) PROFIT SHARING PLAN AND TRUST · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Boe-Tel Tn Company, LLC reported $61,227 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,344 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 0.05% to 0.98%. 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 (968th of 1,496), and 1,732nd of 2,199 in information & media. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,834,829
Participants with balances150
Active participants98
Employer contributions$229,687
Employee contributions$389,856
Employer contribution per active participant$2,344
Average account balance$45,566
Benefits paid to participants$157,484
Plan auditUnmodified (clean) audit opinion
AuditorDEMPSEY, VANTREASE & FOLLIS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 150 accts · $230K emplr
2023$5.6M · 143 accts · $232K emplr
2022$4.4M · 133 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,029
Investment management$28,198
Total administrative$61,227
The Boe-Tel Tn Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,344
Median for plans this size$1,313
2024$2,344 per active participant
2023$2,581 per active participant
2022$2,898 per active participant

Boe-Tel Tn Company, 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 · 20243
RAYMOND JAMES FSA INC · Investment advisory (participants)$25,065
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$3,133

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$61,227 · 0.98%
2023$27,426 · 0.54%
2022$2,230 · 0.05%
Similar plansInformation & Media · Tennessee
The Production Hive, LLC TN$8.0M · 0.93%
Livtech Purchaser, Inc. TN$8.0M · 0.71%
Providertrust, Inc. TN$7.5M · 1.15%
Standard Media Group LLC TN$4.5M · 0.40%
D17, LLC TN$4.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205530782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.