Plan Ledger DOL Form 5500 · updated monthly

Country Music Foundation, Inc.401(k)

COUNTRY MUSIC FOUNDATION PROFIT SHARING 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Country Music Foundation, Inc. reported $66,102 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $669 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 0.42% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 666th-largest of 1,496 plans among Tennessee employers on file, and the 509th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $3.28 for every $1.00 the employer contributed; active participation has grown from 276 to 363 since 2022.

Plan summary
Net assets, end of year$15,299,530
Participants with balances257
Active participants363
Employer contributions$242,762
Employee contributions$795,654
Employer contribution per active participant$669
Average account balance$59,531
Benefits paid to participants$1,518,175
Plan auditUnmodified (clean) audit opinion
AuditorKRAFT CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 257 accts · $243K emplr
2023$13.9M · 241 accts · $214K emplr
2022$11.3M · 212 accts · $121K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,142
Investment management$29,960
Total administrative$66,102
The Country Music Foundation, Inc. 401(k) match · 2024
Employer contribution per active participant$669
Median for plans this size$2,416
2024$669 per active participant
2023$687 per active participant
2022$440 per active participant

Country Music Foundation, 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$23,313
EMPOWER ADVISORY GROUP, LLC · Investment management$6,647

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$66,102 · 0.45%
2023$54,947 · 0.44%
2022$52,521 · 0.42%
Same employer
Similar plansArts, Entertainment & Recreation · Tennessee
Tennessee Aquarium TN$33.3M · 0.17%
Memphis Basketball LLC TN$17.4M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620753887 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.