Plan Ledger DOL Form 5500 · updated monthly

Brentwood Services, Inc401(k)

BRENTWOOD SERVICES, INC. 401(K) PLAN · BRENTWOOD, TN · plan year 2023

Reported admin expense ratio · 2023
0.47%

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

Brentwood Services, Inc reported $79,386 in plan administrative expenses for 2023: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $231 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 0.38% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 542nd-largest of 1,496 plans among Tennessee employers on file, and 3,049th of 4,798 in finance & insurance. In 2023, employees put in $14.95 for every $1.00 the employer contributed; active participation has grown from 157 to 185 since 2022.

Plan summary
Net assets, end of year$20,070,687
Participants with balances217
Active participants185
Employer contributions$42,663
Employee contributions$637,994
Employer contribution per active participant$231
Average account balance$92,492
Benefits paid to participants$3,177,726
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$20.1M · 217 accts · $43K emplr
2022$13.4M · 158 accts · $85K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$79,386
Total administrative$79,386
The Brentwood Services, Inc 401(k) match · 2023
Employer contribution per active participant$231
Median for plans this size$2,440
2023$231 per active participant
2022$543 per active participant

Brentwood Services, Inc's 2023 employer contribution ran below the $2,440 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$79,386
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024Not separately reported
2023$79,386 · 0.47%
2022$57,439 · 0.38%
All plans at this employer2
BRENTWOOD SERVICES, INC. 401(K) PLAN401(k)
BRENTWOOD SERVICES, INC PROFIT SHARING PLANESOP
Similar plansFinance & Insurance · Tennessee
Evolve Bancorp Inc TN$21.5M · 0.72%
The Farmers Bank TN$20.7M · 0.34%
Commercial Bancgroup, Inc. TN$20.0M · 0.01%
Premier Holdings, LLC TN$18.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621427611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.