Plan Ledger DOL Form 5500 · updated monthly

Clean Slate Centers, Inc.401(k)

CLEAN SLATE CENTERS 401(K) PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Clean Slate Centers, Inc. reported $130,629 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $36 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 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 548th-largest of 1,496 plans among Tennessee employers on file, and the 3,702nd of 11,911 in health care & social assistance. In 2024, employees put in $172.92 for every $1.00 the employer contributed; active participation has shrunk from 669 to 528 since 2022.

Plan summary
Net assets, end of year$19,977,669
Participants with balances810
Active participants528
Employer contributions$19,190
Employee contributions$3,318,395
Employer contribution per active participant$36
Average account balance$24,664
Benefits paid to participants$6,062,394
Plan auditUnmodified (clean) audit opinion
AuditorLBMC PC
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 810 accts · $19K emplr
2023$19.7M · 865 accts · $652K emplr
2022$15.0M · 866 accts · $634K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$130,629
Total administrative$130,629
The Clean Slate Centers, Inc. 401(k) match · 2024
Employer contribution per active participant$36
Median for plans this size$2,416
2024$36 per active participant
2023$931 per active participant
2022$947 per active participant

Clean Slate Centers, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INS CO · Recordkeeping · Investment management$131,476

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$130,629 · 0.66%
2023$93,022 · 0.54%
2022$101,207 · 0.64%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Plaza Radiology, LLC TN$20.0M · 0.40%
Allergy Associates, P.A. TN$19.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464372716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.