Plan Ledger DOL Form 5500 · updated monthly

Frost-Arnett Company401(k)

FROST-ARNETT COMPANY 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Frost-Arnett Company reported $43,824 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $567 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 0.41% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Tennessee (874th of 1,496), and the 1,061st of 2,534 in administrative & support services. In 2024, employees put in $3.28 for every $1.00 the employer contributed; active participation has grown from 279 to 313 since 2022.

Plan summary
Net assets, end of year$9,086,655
Participants with balances298
Active participants313
Employer contributions$177,443
Employee contributions$582,839
Employer contribution per active participant$567
Average account balance$30,492
Benefits paid to participants$1,067,718
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 298 accts · $177K emplr
2023$8.2M · 298 accts · $167K emplr
2022$7.3M · 294 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,824
Total administrative$43,824
The Frost-Arnett Company 401(k) match · 2024
Employer contribution per active participant$567
Median for plans this size$1,313
2024$567 per active participant
2023$578 per active participant
2022$658 per active participant

Frost-Arnett Company's 2024 employer contribution ran below the $1,313 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
MERRILL LYNCH PIERCE FENNER SMITH I · Investment advisory (plan)$21,948
ACUFF & ASSOCIATES, INC. · Contract administrator$3,240

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$43,824 · 0.51%
2023$38,903 · 0.50%
2022$28,471 · 0.41%
Same employer
Similar plansAdministrative & Support Services · Tennessee
Invo Peo, Inc. TN$14.4M · 1.04%
Lumina Foods, LLC TN$13.2M · 0.61%
Hctec Partners TN$10.4M · 0.92%
Sms Holdings Corp. TN$8.6M · 1.54%
United Tn Holdings, Inc. TN$8.4M · 0.46%
Key Rehabilitation Inc TN$8.0M · 0.55%
Hri Holdings, Inc. TN$5.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620207550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.