Plan Ledger DOL Form 5500 · updated monthly

Corporate Flight Management, Inc.401(k)

CORPORATE FLIGHT MANAGEMENT, INC. 401(K) PLAN · SMYRNA, TN · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Corporate Flight Management, Inc. reported $83,760 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,347 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 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Tennessee (847th of 1,496), and the 1,176th of 2,677 in transportation & warehousing. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 492 to 688 since 2022.

Plan summary
Net assets, end of year$9,744,650
Participants with balances308
Active participants688
Employer contributions$926,968
Employee contributions$1,364,660
Employer contribution per active participant$1,347
Average account balance$31,638
Benefits paid to participants$1,475,100
Plan auditUnmodified (clean) audit opinion
AuditorNAIL MCKINNEY, PA
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 308 accts · $927K emplr
2023$7.9M · 255 accts · $790K emplr
2022$6.0M · 271 accts · $634K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,829
Trustee / custodial$74,931
Total administrative$83,760
The Corporate Flight Management, Inc. 401(k) match · 2024
Employer contribution per active participant$1,347
Median for plans this size$1,313
2024$1,347 per active participant
2023$1,314 per active participant
2022$1,289 per active participant

Corporate Flight Management, Inc.'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
EPIC RETIREMENT PLAN SERVICES, INC. · Recordkeeping · Participant communication$8,829
RENASANT BANK · Trustee · Investment advisory (plan)$74,524

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$83,760 · 0.95%
2023$52,015 · 0.75%
2022$54,634 · 0.92%
Same employer
Similar plansTransportation & Warehousing · Tennessee
Hines Furlong Line, Inc. TN$11.5M · 0.48%
Western Express, Inc. TN$10.6M · 0.24%
Best Brands Inc. TN$10.3M · 1.17%
Titan Transfer, Inc. TN$8.9M · 0.72%
Freightwaves, Inc. TN$8.5M · 0.85%
Trident Transport, LLC TN$8.0M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621148507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.