Plan Ledger DOL Form 5500 · updated monthly

Metropolis Employee Services, LLC LLC401(k)

METROPOLIS EMPLOYEE SERVICES, LLC 401K PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
1.05%

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

Metropolis Employee Services, LLC LLC reported $149,121 in plan administrative expenses for 2024: 1.05% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,564 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 2.72% to 1.05%. 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 623rd-largest of 1,496 plans among Tennessee employers on file, and the 1,202nd of 3,341 in other services. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 883 to 1,175 since 2022.

Plan summary
Net assets, end of year$16,656,271
Participants with balances1,262
Active participants1,175
Employer contributions$1,838,229
Employee contributions$2,800,159
Employer contribution per active participant$1,564
Average account balance$13,198
Benefits paid to participants$1,486,890
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS & INGRAM
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 1,262 accts · $1.8M emplr
2023$11.7M · 1,187 accts · $1.6M emplr
2022$5.0M · 1,068 accts · $749K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,740
Investment management$32,381
Total administrative$149,121
The Metropolis Employee Services, LLC LLC 401(k) match · 2024
Employer contribution per active participant$1,564
Median for plans this size$2,416
2024$1,564 per active participant
2023$1,400 per active participant
2022$848 per active participant

Metropolis Employee Services, LLC LLC'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$116,740
NORTHWESTERN MUTUAL WEALTH MANAGE · Investment advisory (plan)$32,381

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 Standard
2023The Standard

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

Administrative cost history3
2024$149,121 · 1.05%
2023$188,887 · 2.27%
2022$126,433 · 2.72%
Similar plansOther Services · Tennessee
Tennessee Tractor, LLC TN$16.8M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200230041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.