Plan Ledger DOL Form 5500 · updated monthly

Ole Smoky Distillery, LLC401(k)

OLE SMOKY DISTILLERY, LLC 401(K) PLAN · SEVIERVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Ole Smoky Distillery, LLC reported $13,592 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,259 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 0.19% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (963rd of 1,496), and 10,192nd of 13,661 in manufacturing. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has shrunk from 846 to 535 since 2022.

Plan summary
Net assets, end of year$6,978,210
Participants with balances313
Active participants535
Employer contributions$673,684
Employee contributions$1,200,857
Employer contribution per active participant$1,259
Average account balance$22,295
Benefits paid to participants$665,863
Plan auditUnmodified (clean) audit opinion
AuditorLBMC
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 313 accts · $674K emplr
2023$4.8M · 306 accts · $536K emplr
2022$2.7M · 267 accts · $210K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,592
Total administrative$13,592
The Ole Smoky Distillery, LLC 401(k) match · 2024
Employer contribution per active participant$1,259
Median for plans this size$1,313
2024$1,259 per active participant
2023$760 per active participant
2022$248 per active participant

Ole Smoky Distillery, LLC's 2024 employer contribution ran below 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
ADP, INC. · Loan processing · Recordkeeping$13,591

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$13,592 · 0.23%
2023$11,390 · 0.30%
2022$4,888 · 0.19%
Similar plansManufacturing · Tennessee
Tennsmith Holdings Inc. TN$7.0M · 0.54%
Exedy America Corporation TN$7.0M · 0.59%
Tadano Mantis Corporation TN$7.0M · 0.08%
Microporous, LLC TN$6.9M · 0.25%
Protomet Corporation TN$6.7M · 0.63%
Tate Ornamental, Inc. TN$6.6M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271328668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.