Plan Ledger DOL Form 5500 · updated monthly

Foam Holdings, Inc.401(k)

FOAM HOLDINGS INC 401 (K) PROFIT SHARING AND TRUST · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Foam Holdings, Inc. reported $84,792 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,318 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 has held roughly steady near 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Tennessee (864th of 1,496), and 8,239th of 11,654 in professional & technical services. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,249,773
Participants with balances933
Active participants729
Employer contributions$960,554
Employee contributions$1,461,825
Employer contribution per active participant$1,318
Average account balance$9,914
Benefits paid to participants$1,712,806
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 933 accts · $961K emplr
2023$7.5M · 910 accts · $999K emplr
2022$0 · 726 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,661
Investment management$31,131
Total administrative$84,792
The Foam Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,318
Median for plans this size$1,313
2024$1,318 per active participant
2023$1,271 per active participant

Foam Holdings, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$53,661
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$31,131

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$84,792 · 1.01%
2023$61,274 · 0.97%
2022Not separately reported
Same employer
Similar plansProfessional & Technical Services · Tennessee
Qsource TN$11.8M · 0.48%
Merryman-Farr, LLC TN$11.1M · 0.68%
Thomas and Thorngren, Inc. TN$10.1M · 0.06%
Kirkpatrick Price, Inc. TN$8.7M · 0.07%
Careoperative, LLC TN$8.2M · 0.59%
The 615 Group, LLC TN$7.7M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853742868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.