Plan Ledger DOL Form 5500 · updated monthly

Mortgage Investors Group401(k)

MORTGAGE INVESTORS GROUP 401(K) RETIREMENT PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.64%

Mortgage Investors Group reported $193,962 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. 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 fell from 0.65% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 414th-largest of 1,496 plans among Tennessee employers on file, and 2,411th of 4,798 in finance & insurance. active participation has shrunk from 425 to 269 since 2022.

Plan summary
Net assets, end of year$30,166,796
Participants with balances351
Active participants269
Employer contributions—
Employee contributions$1,702,401
Employer contribution per active participant—
Average account balance$85,945
Benefits paid to participants$5,332,702
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$29.7M · 331 accts
2024$30.2M · 351 accts
2023$30.2M · 394 accts · $195 emplr
2022$28.5M · 475 accts · $605K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,951
Investment management$97,874
Trustee / custodial$52,137
Total administrative$193,962
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 · 20243
AMERICAN TRUST COMPANY · Contract administrator · Recordkeeping$90,891
RATHER & KITTRELL CAPITAL MGNT. · Investment advisory (plan)$85,197
TENNESSEE PENSION ADMINISTRATORS · Contract administrator$17,875

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

Recordkeeper by year3
2025AMERICAN TRUST COMPANY
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

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Administrative cost history4
2025$172,297 · 0.58%
2024$193,962 · 0.64%
2023$189,408 · 0.65%
2022$194,520 · 0.65%
Same employer
Similar plansFinance & Insurance · Tennessee
Banctenn Corp. TN$32.0M · 0.40%
Independent Bank TN$29.8M · 0.26%
Citizens Tri-County Bank TN$24.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830310268 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.