Plan Ledger DOL Form 5500 · updated monthly

Commercial Insurance Associates401(k)

COMMERCIAL INSURANCE ASSOCIATES 401(K) PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Commercial Insurance Associates reported $54,472 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $1,492 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 0.25% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Tennessee (887th of 1,496), and 4,107th of 4,798 in finance & insurance. In 2024, employees put in $4.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,737,807
Participants with balances142
Active participants123
Employer contributions$183,476
Employee contributions$827,863
Employer contribution per active participant$1,492
Average account balance$61,534
Benefits paid to participants$1,745,111
Plan auditUnmodified (clean) audit opinion
AuditorPYA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 142 accts · $183K emplr
2023$8.3M · 147 accts · $148K emplr
2022$6.2M · 138 accts · $112K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,348
Investment management$30,124
Total administrative$54,472
The Commercial Insurance Associates 401(k) match · 2024
Employer contribution per active participant$1,492
Median for plans this size$1,313
2024$1,492 per active participant
2023$1,273 per active participant
2022$831 per active participant

Commercial Insurance Associates's 2024 employer contribution ran above the $1,313 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 · 20242
ROBERT W BAIRD & CO INCORPORATED · Investment advisory (plan)$30,124
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$24,348

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$54,472 · 0.64%
2023$38,768 · 0.53%
2022$15,706 · 0.25%
Same employer
Similar plansFinance & Insurance · Tennessee
Simplybank TN$9.6M · 0.24%
Reliance Partners, LLC TN$9.6M · 0.06%
Nephila Advisors, LLC TN$6.0M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 810552954 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.