Plan Ledger DOL Form 5500 · updated monthly

Chemical Services, Inc.401(k)

CHEMGROUP 401(K) PLAN · CLEVELAND, TN · plan year 2024

Reported admin expense ratio · 2024
0.56%

Chemical Services, Inc. reported $67,475 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. 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 0.52% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 735th-largest of 1,496 plans among Tennessee employers on file, and 2,542nd of 4,246 in wholesale trade. active participation has grown from 152 to 173 since 2022.

Plan summary
Net assets, end of year$13,258,312
Participants with balances194
Active participants173
Employer contributions—
Employee contributions$1,053,317
Employer contribution per active participant—
Average account balance$68,342
Benefits paid to participants$477,176
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 194 accts
2023$10.9M · 173 accts
2022$8.6M · 158 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,836
Investment management$36,639
Total administrative$67,475
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 · 20242
VALMARK SECURITIES INC. · Recordkeeping · Trustee$36,639
ADP, INC. · Loan processing · Recordkeeping$30,836

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

Recordkeeper by year2
2024ADP, VALMARK SECURITIES INC.
2023ADP, VALMARK SECURITIES INC.

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

Administrative cost history3
2024$67,475 · 0.56%
2023$56,448 · 0.58%
2022$52,847 · 0.52%
Similar plansWholesale Trade · Tennessee
Associated Packaging, Inc. TN$16.2M · 0.63%
Kenny Pipe & Supply, Inc. TN$14.2M · 0.53%
Symmetry Surgical Inc. TN$13.5M · 0.41%
Eagle Distributing Company TN$13.2M · 0.42%
Lee-Smith, Inc. TN$10.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310999113 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.