Plan Ledger DOL Form 5500 · updated monthly

Hand Family Companies, LLC401(k)

HAND FAMILY COMPANIES, LLC 401(K) RETIREMENT PLAN · CLARKSVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Hand Family Companies, LLC reported $106,717 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $522 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 0.48% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 280th-largest of 1,496 plans among Tennessee employers on file, and the 797th of 4,246 in wholesale trade. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 278 to 568 since 2022.

Plan summary
Net assets, end of year$51,485,921
Participants with balances440
Active participants568
Employer contributions$296,589
Employee contributions$719,221
Employer contribution per active participant$522
Average account balance$117,013
Benefits paid to participants$1,186,632
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$51.5M · 440 accts · $297K emplr
2023$18.6M · 184 accts · $278K emplr
2022$15.7M · 194 accts · $262K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,765
Investment management$47,952
Total administrative$106,717
The Hand Family Companies, LLC 401(k) match · 2024
Employer contribution per active participant$522
Median for plans this size$2,416
2024$522 per active participant
2023$1,030 per active participant
2022$944 per active participant

Hand Family Companies, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$58,765
STIFEL NICOLAUS & COMPANY INC · Investment advisory (plan)$47,948

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$106,717 · 0.30%
2023$83,031 · 0.49%
2022$81,679 · 0.48%
Same employer
Similar plansWholesale Trade · Tennessee
Radio Systems Corporation TN$78.7M · 0.22%
Ingram Entertainment Inc. TN$70.3M · 0.03%
Blevins, Inc. TN$46.4M · 0.27%
Wirtgen America, Inc. TN$46.4M · 0.18%
Fred's, Inc. TN$39.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464624295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.