Plan Ledger DOL Form 5500 · updated monthly

Boys and Girls Club of Greater MemphisDC plan

EMPLOYEE BENEFIT PLAN OF BOYS AND GIRLS CLUB OF GREATER MEMPHIS · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Boys and Girls Club of Greater Memphis reported $1,511 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $313 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 1 year on file its reported administrative ratio rose from 0.07% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Tennessee (1,359th of 1,496), and 2,956th of 3,341 in other services. In 2024, the employer put in $3.63 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,548,552
Participants with balances135
Active participants194
Employer contributions$60,726
Employee contributions$16,726
Employer contribution per active participant$313
Average account balance$11,471
Benefits paid to participants$57,883
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.5M · 135 accts · $61K emplr
2023$1.4M · 131 accts · $58K emplr
Employer contributions to the Boys and Girls Club of Greater Memphis plan · 2024
Employer contribution per active participant$313
Median for plans this size$1,313
2024$313 per active participant
2023$287 per active participant

Boys and Girls Club of Greater Memphis's 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,434

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$1,511 · 0.10%
2023$950 · 0.07%
Similar plansOther Services · Tennessee
Park Center TN$2.3M · 0.04%
Cars Recon, Inc. TN$1.4M · 0.32%
Advanced Collision, Inc. TN$753K · 1.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620646371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.