Plan Ledger DOL Form 5500 · updated monthly

Buffalo Valley, Inc.401(k)

RETIREMENT PLAN FOR THE EMPLOYEES OF BUFFALO VALLEY, INC. · HOHENWALD, TN · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Buffalo Valley, Inc. reported $65,265 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,443 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 0.44% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (933rd of 1,496), and 6,627th of 11,911 in health care & social assistance. In 2024, the employer put in $3.69 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,580,459
Participants with balances198
Active participants155
Employer contributions$533,611
Employee contributions$144,540
Employer contribution per active participant$3,443
Average account balance$38,285
Benefits paid to participants$576,378
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 198 accts · $534K emplr
2023$6.8M · 179 accts · $465K emplr
2022$5.7M · 174 accts · $440K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,477
Investment management$788
Total administrative$65,265
The Buffalo Valley, Inc. 401(k) match · 2024
Employer contribution per active participant$3,443
Median for plans this size$1,313
2024$3,443 per active participant
2023$3,062 per active participant
2022$3,074 per active participant

Buffalo Valley, Inc.'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
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$59,157
RPA FINANCIAL LLC · Investment advisory (plan)$7,433
ACCESS RETIREMENT SERVICES, LLC · Other services$2,200

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$65,265 · 0.91%
2023$79,164 · 1.27%
2022$24,567 · 0.44%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Blood Assurance, Inc. TN$7.9M · 0.35%
Southern Health Partners TN$7.7M · 1.67%
Diversified Health Care TN$7.4M · 0.70%
Hutsonwood, Inc. TN$7.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581374964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.