Plan Ledger DOL Form 5500 · updated monthly

Oakdale Seniors Alliance, LLC401(k)

OAKDALE SENIORS ALLIANCE, LLC 401(K) PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
2.30%

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

Oakdale Seniors Alliance, LLC reported $60,233 in plan administrative expenses for 2024: 2.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $120 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 0.09% to 2.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,158th of 1,496), and 8,567th of 11,911 in health care & social assistance. In 2024, employees put in $3.22 for every $1.00 the employer contributed; active participation has grown from 394 to 1,668 since 2022.

Plan summary
Net assets, end of year$3,983,878
Participants with balances351
Active participants1,668
Employer contributions$199,777
Employee contributions$643,656
Employer contribution per active participant$120
Average account balance$11,350
Benefits paid to participants$323,147
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 351 accts · $200K emplr
2023$1.3M · 229 accts · $157K emplr
2022$584K · 175 accts · $5K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,389
Investment management$13,844
Total administrative$60,233
The Oakdale Seniors Alliance, LLC 401(k) match · 2024
Employer contribution per active participant$120
Median for plans this size$1,313
2024$120 per active participant
2023$151 per active participant
2022$12 per active participant

Oakdale Seniors Alliance, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping$27,918
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$18,471
KELLY COMPTON INVESTMENTS LLC · Investment advisory (participants)$12,552
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$1,292

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, John Hancock
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, John Hancock

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Administrative cost history3
2024$60,233 · 2.30%
2023$29,648 · 3.22%
2022$507 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Harber-Laman, LLC TN$4.3M · 0.97%
Adherehealth, LLC TN$3.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 882972429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.