Plan Ledger DOL Form 5500 · updated monthly

Gresham Smith401(k)

GRESHAM SMITH EMPLOYEE SAVINGS AND PROFIT SHARING PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Gresham Smith reported $246,440 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $5,101 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 0.15% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 89th-largest of 1,496 plans among Tennessee employers on file, and the 721st of 11,654 in professional & technical services. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$224,706,871
Participants with balances1,449
Active participants1,211
Employer contributions$6,176,957
Employee contributions$11,736,125
Employer contribution per active participant$5,101
Average account balance$155,077
Benefits paid to participants$13,780,137
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$224.7M · 1,449 accts · $6.2M emplr
2023$187.1M · 1,371 accts · $5.8M emplr
2022$160.3M · 1,416 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,712
Investment management$75,228
Audit (IQPA)$14,500
Total administrative$246,440
The Gresham Smith 401(k) match · 2024
Employer contribution per active participant$5,101
Median for plans this size$3,635
2024$5,101 per active participant
2023$5,139 per active participant
2022$4,064 per active participant

Gresham Smith's 2024 employer contribution ran above the $3,635 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$156,707
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$75,000
LBMC PC · Accounting / audit$14,500
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$228

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$246,440 · 0.12%
2023$257,912 · 0.15%
2022$250,287 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Bass, Berry & Sims TN$355.4M · 0.02%
Barge Design Solutions, Inc. TN$142.0M · 0.25%
Miller & Martin PLLC TN$138.2M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 620794126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.