Plan Ledger DOL Form 5500 · updated monthly

Bonded Filter Co. LLC401(k)

BONDED FILTER CO. 401(K) PROFIT SHARING PLAN AND TRUST · NASHVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.91%

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

Bonded Filter Co. LLC reported $66,618 in plan administrative expenses for 2023: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $281 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 3 years on file its reported administrative ratio has held roughly steady near 0.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Tennessee (923rd of 1,496), and 3,420th of 5,337 in construction. In 2023, employees put in $6.32 for every $1.00 the employer contributed; active participation has shrunk from 707 to 449 since 2022.

Plan summary
Net assets, end of year$7,803,581
Participants with balances385
Active participants449
Employer contributions$126,273
Employee contributions$797,907
Employer contribution per active participant$281
Average account balance$20,269
Benefits paid to participants$672,037
Plan auditUnmodified (clean) audit opinion
AuditorFRAZIER & DEETER CPAS & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 374 accts · $88K emplr
2023$7.8M · 385 accts · $126K emplr
2022$6.9M · 373 accts · $92K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,738
Investment management$28,873
Total administrative$66,618
The Bonded Filter Co. LLC 401(k) match · 2023
Employer contribution per active participant$281
Median for plans this size$1,308
2024$200 per active participant
2023$281 per active participant
2022$131 per active participant

Bonded Filter Co. LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FUTUREPLAN BY ASCENSUS · Recordkeeping$3,007
RAYMAND JAMES FSA · Investment advisory (participants)$28,873

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

Recordkeeper by year2
2024Ascensus, John Hancock
2023Ascensus

This plan has changed recordkeepers within these filings. If you left Bonded Filter Co. LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,334 · 0.96%
2023$66,618 · 0.91%
2022$71,024 · 0.99%
Same employer
Similar plansConstruction · Tennessee
Johnson & Galyon, Inc. TN$10.1M · 0.54%
Wasco Inc TN$9.6M · 1.01%
The Comfort Group, Inc TN$9.5M · 0.08%
Hayes Pipe Supply, Inc. TN$7.3M · 0.47%
Jones Contractors Inc. TN$7.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200415085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.