Plan Ledger DOL Form 5500 · updated monthly

Park CenterDC plan

403(B) THRIFT PLAN FOR EMPLOYEES OF PARK CENTER · NASHVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Park Center reported $861 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,421 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 0.05% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Tennessee (1,293rd of 1,496), and 2,805th of 3,341 in other services. In 2023, the employer put in $1.03 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,287,627
Participants with balances134
Active participants98
Employer contributions$139,259
Employee contributions$134,826
Employer contribution per active participant$1,421
Average account balance$17,072
Benefits paid to participants$137,158
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 114 accts · $129K emplr
2023$2.3M · 134 accts · $139K emplr
2022$1.8M · 145 accts · $117K emplr
Employer contributions to the Park Center plan · 2023
Employer contribution per active participant$1,421
Median for plans this size$1,308
2024$1,361 per active participant
2023$1,421 per active participant
2022$1,241 per active participant

Park Center's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$861

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$1,255 · 0.06%
2023$861 · 0.04%
2022$996 · 0.05%
Similar plansOther Services · Tennessee
Bellhop, Inc. TN$2.4M · 0.87%
Cars Recon, Inc. TN$1.4M · 0.32%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 621336640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.