Plan Ledger DOL Form 5500 · updated monthly

Eagle Distributing Company401(k)

EAGLE DISTRIBUTING COMPANY 401(K) PROFIT SHARING PLAN · KNOXVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.42%

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

Eagle Distributing Company reported $52,519 in plan administrative expenses for 2023: 0.42% of average plan assets, above the peer median. Employer contributions averaged $896 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 fell from 0.61% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 737th-largest of 1,496 plans among Tennessee employers on file, and 2,545th of 4,246 in wholesale trade. In 2023, employees put in $1.72 for every $1.00 the employer contributed; active participation has shrunk from 395 to 336 since 2022.

Plan summary
Net assets, end of year$13,238,031
Participants with balances218
Active participants336
Employer contributions$300,982
Employee contributions$518,280
Employer contribution per active participant$896
Average account balance$60,725
Benefits paid to participants$1,214,792
Plan auditUnmodified (clean) audit opinion
AuditorVANCE CPA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 198 accts · $267K emplr
2023$13.2M · 218 accts · $301K emplr
2022$11.6M · 215 accts · $293K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$46,373
Investment management$6,146
Total administrative$52,519
The Eagle Distributing Company 401(k) match · 2023
Employer contribution per active participant$896
Median for plans this size$2,440
2024$798 per active participant
2023$896 per active participant
2022$741 per active participant

Eagle Distributing Company's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
JOHN HANCOCK USA · Recordkeeping · Investment management$40,669
CETERA ADVISOR NETWORKS LLC · Investment advisory (plan)$6,146
JPMORGAN INVEST HOLDINGS LLC$5,704

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$65,931 · 0.52%
2023$52,519 · 0.42%
2022$74,735 · 0.61%
Same employer
Similar plansWholesale Trade · Tennessee
Kenny Pipe & Supply, Inc. TN$14.2M · 0.53%
Symmetry Surgical Inc. TN$13.5M · 0.41%
Chemical Services, Inc. TN$13.3M · 0.56%
Lee-Smith, Inc. TN$10.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621153033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.