Plan Ledger DOL Form 5500 · updated monthly

Livestock Nutrition Center, LLC401(k)

LIVESTOCK NUTRITION CENTER 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Livestock Nutrition Center, LLC reported $105,637 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,334 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 0.61% to 0.53%. 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 508th-largest of 1,496 plans among Tennessee employers on file, and the 1,719th of 4,246 in wholesale trade. In 2024, the employer put in $1.38 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$22,491,857
Participants with balances524
Active participants440
Employer contributions$1,906,911
Employee contributions$1,386,460
Employer contribution per active participant$4,334
Average account balance$42,923
Benefits paid to participants$1,280,362
Plan auditUnmodified (clean) audit opinion
AuditorHENDERSON HUTCHISON & MCCULLOUGH
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 524 accts · $1.9M emplr
2023$17.7M · 483 accts · $1.6M emplr
2022$14.1M · 443 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,192
Investment management$43,445
Total administrative$105,637
The Livestock Nutrition Center, LLC 401(k) match · 2024
Employer contribution per active participant$4,334
Median for plans this size$2,416
2024$4,334 per active participant
2023$3,803 per active participant
2022$3,514 per active participant

Livestock Nutrition Center, LLC'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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$7,158
MERRILL LYNCH · Investment advisory (participants)$43,445

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$105,637 · 0.53%
2023$84,177 · 0.53%
2022$89,658 · 0.61%
Same employer
Similar plansWholesale Trade · Tennessee
Hankook Tire America Corp. TN$26.3M · 0.47%
Keller Group TN$24.8M · 0.34%
Heavy Machines, LLC TN$19.7M · 0.14%
Svp Sewing Brands, LLC TN$19.6M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731550265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.