Plan Ledger DOL Form 5500 · updated monthly

Card-Monroe Corp.401(k)

CARD-MONROE CORP. 401(K) PLAN · HIXSON, TN · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Card-Monroe Corp. reported $52,502 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,620 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 0.259%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 531st-largest of 1,496 plans among Tennessee employers on file, and the 5,761st of 13,661 in manufacturing. In 2024, employees put in $2.76 for every $1.00 the employer contributed; active participation has grown from 174 to 243 since 2022.

Plan summary
Net assets, end of year$20,905,734
Participants with balances222
Active participants243
Employer contributions$393,587
Employee contributions$1,087,130
Employer contribution per active participant$1,620
Average account balance$94,170
Benefits paid to participants$3,556,781
Plan auditUnmodified (clean) audit opinion
AuditorHENDERSON HUTHERSON & MCCULLOUGH
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 222 accts · $394K emplr
2023$19.7M · 178 accts · $302K emplr
2022$16.5M · 179 accts · $299K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,171
Investment management$27,331
Total administrative$52,502
The Card-Monroe Corp. 401(k) match · 2024
Employer contribution per active participant$1,620
Median for plans this size$2,416
2024$1,620 per active participant
2023$1,829 per active participant
2022$1,721 per active participant

Card-Monroe Corp.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$19,333
EMPOWER ADVISORY GROUP, LLC · Investment management$7,998

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$52,502 · 0.26%
2023$30,345 · 0.17%
2022$47,087 · 0.26%
Same employer
Similar plansManufacturing · Tennessee
Highly Marelli USA TN$23.3M · 0.14%
K.T.G. USA TN$21.9M · 0.07%
The Robinette Company TN$21.5M · 0.44%
Uster Technologies, Inc. TN$20.4M · 0.03%
Reinhausen Manufacturing TN$20.0M · 0.42%
Mid-South Wire Company TN$19.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621111183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.