Plan Ledger DOL Form 5500 · updated monthly

Knoxville-Knox Co Community ActionProfit-sharing plan

KNOXVILLE - KNOX COUNTY COMMUNITY ACTION COMMITTEE RETIREMENT PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Knoxville-Knox Co Community Action reported $32,392 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,548 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 0.23% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 614th-largest of 1,496 plans among Tennessee employers on file, and the 1,166th of 3,341 in other services. active participation has grown from 436 to 534 since 2022.

Plan summary
Net assets, end of year$17,295,549
Participants with balances484
Active participants534
Employer contributions$826,539
Employee contributions$0
Employer contribution per active participant$1,548
Average account balance$35,735
Benefits paid to participants$1,658,829
Plan auditUnmodified (clean) audit opinion
AuditorPYA
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 484 accts · $827K emplr
2023$16.0M · 453 accts · $856K emplr
2022$13.9M · 450 accts · $682K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,392
Total administrative$32,392
Employer contributions to the Knoxville-Knox Co Community Action plan · 2024
Employer contribution per active participant$1,548
Median for plans this size$2,416
2024$1,548 per active participant
2023$1,923 per active participant
2022$1,565 per active participant

Knoxville-Knox Co Community Action'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 · 20241

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$32,392 · 0.19%
2023$31,487 · 0.21%
2022$30,089 · 0.23%
Similar plansOther Services · Tennessee
Edfinancial Services, LLC TN$29.4M · 0.57%
Tennessee Tractor, LLC TN$16.8M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621451534 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.