Plan Ledger DOL Form 5500 · updated monthly

Nashville Symphony Association403(b)

NASHVILLE SYMPHONY ASSOCIATION RETIREMENT PLAN · NASHVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.85%

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

Nashville Symphony Association reported $98,671 in plan administrative expenses for 2023: 0.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $306 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 1 year on file its reported administrative ratio rose from 0.51% to 0.85%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Tennessee (764th of 1,496), and the 1,465th of 3,341 in other services. In 2023, employees put in $6.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,313,287
Participants with balances132
Active participants236
Employer contributions$72,136
Employee contributions$436,303
Employer contribution per active participant$306
Average account balance$93,282
Benefits paid to participants$721,336
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history2
Yearassets · accounts · employer contribution
2023$12.3M · 132 accts · $72K emplr
2022$10.9M · 94 accts · $63K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$98,671
Total administrative$98,671
Employer contributions to the Nashville Symphony Association plan · 2023
Employer contribution per active participant$306
Median for plans this size$2,440
2023$306 per active participant
2022$371 per active participant

Nashville Symphony Association's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ALLIANCEBERNSTEIN LP · Investment advisory (plan)$31,215
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$5,503

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

Administrative cost history2
2023$98,671 · 0.85%
2022$54,298 · 0.51%
Same employer
Similar plansOther Services · Tennessee
Tennessee Tractor, LLC TN$16.8M · 0.44%
Adventurous Journeys LLC TN$8.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620550979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.