Plan Ledger DOL Form 5500 · updated monthly

Lbmc, PC401(k)

LATTIMORE, BLACK, MORGAN & CAIN, P.C. PROFIT SHARING PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Lbmc, PC reported $131,930 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $4,954 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 0.18% to 0.16%. 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 188th-largest of 1,496 plans among Tennessee employers on file, and the 1,736th of 11,654 in professional & technical services. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 526 to 593 since 2022.

Plan summary
Net assets, end of year$85,720,410
Participants with balances757
Active participants593
Employer contributions$2,937,553
Employee contributions$5,026,890
Employer contribution per active participant$4,954
Average account balance$113,237
Benefits paid to participants$12,180,222
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$85.7M · 757 accts · $2.9M emplr
2023$77.1M · 765 accts · $1.7M emplr
2022$68.0M · 691 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,126
Investment management$38,400
Trustee / custodial$22,404
Total administrative$131,930
The Lbmc, PC 401(k) match · 2024
Employer contribution per active participant$4,954
Median for plans this size$3,635
2024$4,954 per active participant
2023$2,886 per active participant
2022$5,090 per active participant

Lbmc, PC'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 · 20242
THE RETIREMENT PLAN COMPANY, LLC · Recordkeeping · Investment advisory (plan)$109,526
FIDELITY PERSONAL TRUST COMPANY · Custodial (securities)$22,404

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

Recordkeeper by year2
2024THE RETIREMENT PLAN COMPANY, LLC
2023THE RETIREMENT PLAN COMPANY, LLC

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

Administrative cost history3
2024$131,930 · 0.16%
2023$64,256 · 0.09%
2022$118,374 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Healthstream, Inc. TN$99.0M · 0.26%
Erisa Partners, Inc. TN$80.7M · 0.83%
Eastport Holdings, LLC TN$77.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621199757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.