Plan Ledger DOL Form 5500 · updated monthly

Celero Services Corporation401(k)

CELERO SERVICES CORPORATION 401(K) PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Celero Services Corporation reported $56,888 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,568 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 fell from 0.56% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 600th-largest of 1,496 plans among Tennessee employers on file, and 3,251st of 4,798 in finance & insurance. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,749,806
Participants with balances344
Active participants309
Employer contributions$793,556
Employee contributions$1,685,474
Employer contribution per active participant$2,568
Average account balance$51,598
Benefits paid to participants$1,609,350
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 344 accts · $794K emplr
2023$14.3M · 253 accts · $789K emplr
2022$14.2M · 207 accts · $518K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,210
Investment management$29,678
Total administrative$56,888
The Celero Services Corporation 401(k) match · 2024
Employer contribution per active participant$2,568
Median for plans this size$2,416
2024$2,568 per active participant
2023$2,666 per active participant
2022$1,804 per active participant

Celero Services Corporation's 2024 employer contribution ran above 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 · 20244
PCS RETIREMENT, LLC · Contract administrator · Recordkeeping$27,210
NEWSQUARE CAPITAL, LLC · Investment advisory (plan) · Investment management$18,375
ALLIANT INSURANCE SERVICES INC DBA · Investment advisory (plan)$11,261
EMPOWER ADVISORY GROUP, LLC · Investment management$42

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$56,888 · 0.36%
2023$58,827 · 0.41%
2022$75,909 · 0.56%
Same employer
Similar plansFinance & Insurance · Tennessee
Commercial Bancgroup, Inc. TN$20.0M · 0.01%
Premier Holdings, LLC TN$18.7M · 0.15%
Independent Bank TN$17.7M · 0.34%
Paragon Bank TN$17.4M · 0.22%
Mountain Commerce Bank TN$17.3M · 0.37%
Orion Federal Credit Union TN$16.4M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851129736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.