Plan Ledger DOL Form 5500 · updated monthly

Det Distributing Company401(k)

DET DISTRIBUTING COMPANY 401(K) PROFIT SHARING PLAN · NASHVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
1.04%

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

Det Distributing Company reported $119,204 in plan administrative expenses for 2022: 1.04% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,373 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Tennessee (859th of 1,496), and 3,000th of 4,246 in wholesale trade. In 2022, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,403,234
Participants with balances259
Active participants252
Employer contributions$345,938
Employee contributions$818,968
Employer contribution per active participant$1,373
Average account balance$36,306
Benefits paid to participants$3,051,184
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$9.4M · 259 accts · $346K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$119,204
Total administrative$119,204
The Det Distributing Company 401(k) match · 2022
Employer contribution per active participant$1,373
Median for plans this size$2,266

Det Distributing Company's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$119,204 · 1.04%
Similar plansWholesale Trade · Tennessee
Lee-Smith, Inc. TN$10.2M · 0.09%
Khs America, Inc. TN$9.1M · 0.46%
Mta Distributors, Inc. TN$8.9M · 0.29%
The Reese Group, Inc. TN$8.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620648833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.