Plan Ledger DOL Form 5500 · updated monthly

Ghertner & Company401(k)

GHERTNER & COMPANY 401(K) PROFIT SHARING PLAN · NASHVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
1.02%

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

Ghertner & Company reported $75,991 in plan administrative expenses for 2023: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $428 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 0.95% to 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Tennessee (919th of 1,496), and 1,261st of 2,096 in real estate & leasing. In 2023, employees put in $8.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,920,808
Participants with balances196
Active participants165
Employer contributions$70,659
Employee contributions$631,998
Employer contribution per active participant$428
Average account balance$40,412
Benefits paid to participants$939,490
Plan auditUnmodified (clean) audit opinion
AuditorLBMC PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 209 accts · $74K emplr
2023$7.9M · 196 accts · $71K emplr
2022$7.0M · 188 accts · $67K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,525
Investment management$72,466
Total administrative$75,991
The Ghertner & Company 401(k) match · 2023
Employer contribution per active participant$428
Median for plans this size$1,308
2024$386 per active participant
2023$428 per active participant
2022$402 per active participant

Ghertner & Company's 2023 employer contribution ran below the $1,308 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 · 20235
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$30,364
LBMC PC · Accounting / audit$13,500
EMPOWER ADVISORY GROUP, LLC · Investment management$7,004
ACUFF & ASSOCIATES, INC. · Contract administrator$1,800

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$60,702 · 0.79%
2023$75,991 · 1.02%
2022$72,235 · 0.95%
Same employer
Similar plansReal Estate & Leasing · Tennessee
Alco Management, Inc. TN$12.5M · 0.33%
The Dude Abides, Inc TN$8.8M · 0.10%
T.E. Properties, Inc. TN$8.1M · 0.48%
Aamci - Management, Inc. TN$4.9M · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620990117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.