Plan Ledger DOL Form 5500 · updated monthly

Nashville Rescue Mission Ministries, LLC403(b)

403(B) THRIFT PLAN OF NASHVILLE RESCUE MISSION MINISTRIES, LLC · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Nashville Rescue Mission Ministries, LLC reported $1,775 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,484 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 rose from 0.02% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Tennessee (1,084th of 1,496), and 2,314th of 3,341 in other services. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 123 to 154 since 2022.

Plan summary
Net assets, end of year$4,864,761
Participants with balances247
Active participants154
Employer contributions$228,604
Employee contributions$325,546
Employer contribution per active participant$1,484
Average account balance$19,695
Benefits paid to participants$330,153
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 247 accts · $229K emplr
2023$4.0M · 213 accts · $243K emplr
2022$3.2M · 197 accts · $215K emplr
Employer contributions to the Nashville Rescue Mission Ministries, LLC plan · 2024
Employer contribution per active participant$1,484
Median for plans this size$1,313
2024$1,484 per active participant
2023$1,912 per active participant
2022$1,747 per active participant

Nashville Rescue Mission Ministries, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,932

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,775 · 0.04%
2023$862 · 0.02%
2022$778 · 0.02%
Same employer
Similar plansOther Services · Tennessee
Heritage Operating LLC TN$7.7M · 0.34%
The Memphis Country Club TN$6.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 626018832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.