Plan Ledger DOL Form 5500 · updated monthly

Lewis Thomason, P.C.401(k)

LEWIS THOMASON, P.C. 401(K) PROFIT SHARING PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Lewis Thomason, P.C. reported $130,141 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $5,025 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 3 years on file its reported administrative ratio has held roughly steady near 0.26%. 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 276th-largest of 1,496 plans among Tennessee employers on file, and the 2,643rd of 11,654 in professional & technical services. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,912,869
Participants with balances188
Active participants129
Employer contributions$648,211
Employee contributions$1,151,317
Employer contribution per active participant$5,025
Average account balance$281,451
Benefits paid to participants$1,691,052
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$52.9M · 188 accts · $648K emplr
2023$46.5M · 201 accts · $612K emplr
2022$39.9M · 198 accts · $576K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,009
Trustee / custodial$77,132
Total administrative$130,141
The Lewis Thomason, P.C. 401(k) match · 2024
Employer contribution per active participant$5,025
Median for plans this size$2,416
2024$5,025 per active participant
2023$4,313 per active participant
2022$4,141 per active participant

Lewis Thomason, P.C.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
THE TRUST COMPANY OF TENNESSEE · Recordkeeping · Trustee$130,141

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 TRUST COMPANY OF TENNESSEE
2023THE TRUST COMPANY OF TENNESSEE

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

Administrative cost history3
2024$130,141 · 0.26%
2023$116,072 · 0.27%
2022$118,751 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Revance Therapeutics, Inc. TN$69.1M · 0.18%
Ensafe Inc. TN$65.0M · 0.02%
The Eosys Group Inc TN$56.3M · 0.02%
Keylogic Technologies Corp. TN$48.5M · 0.29%
Rpbls Holdings, LLC TN$44.7M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621444488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.