Plan Ledger DOL Form 5500 · updated monthly

Henderson,Hutcherson & McCullough, PLLC401(k)

THE HENDERSON, HUTCHERSON & MCCULLOUGH, PLLC 401(K) PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Henderson,Hutcherson & McCullough, PLLC reported $5,133 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,809 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 459th-largest of 1,496 plans among Tennessee employers on file, and the 4,554th of 11,654 in professional & technical services. In 2024, employees put in $4.01 for every $1.00 the employer contributed; active participation has grown from 169 to 234 since 2022.

Plan summary
Net assets, end of year$26,478,937
Participants with balances196
Active participants234
Employer contributions$423,290
Employee contributions$1,695,976
Employer contribution per active participant$1,809
Average account balance$135,097
Benefits paid to participants$1,148,417
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.5M · 196 accts · $423K emplr
2023$22.1M · 185 accts · $359K emplr
2022$18.1M · 167 accts · $317K emplr
The Henderson,Hutcherson & McCullough, PLLC 401(k) match · 2024
Employer contribution per active participant$1,809
Median for plans this size$2,416
2024$1,809 per active participant
2023$1,813 per active participant
2022$1,876 per active participant

Henderson,Hutcherson & McCullough, PLLC's 2024 employer contribution ran below the $2,416 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
AMERICAN UNITED LIFE INSURANCE CO. · Loan processing · Participant communication$1,258
ERISA SERVICES · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$5,133 · 0.02%
2023$5,658 · 0.03%
2022$2,533 · 0.01%
Similar plansProfessional & Technical Services · Tennessee
Fremont-Wright, LLC TN$27.6M · 0.09%
Lrk Inc. TN$25.6M · 0.41%
Pickering, Inc. TN$24.2M · 0.55%
Ncontracts LLC TN$23.9M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621114363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.