Plan Ledger DOL Form 5500 · updated monthly

Park Street Management, Inc.401(k)

PARK STREET MANAGEMENT, INC. 401(K) · LAWRENCEBURG, TN · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Park Street Management, Inc. reported $135,254 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~90% of peers. Employer contributions averaged $790 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 0.87% to 0.96%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 608th-largest of 1,496 plans among Tennessee employers on file, and 5,993rd of 11,654 in professional & technical services. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,641,245
Participants with balances892
Active participants1,281
Employer contributions$1,011,858
Employee contributions$2,037,115
Employer contribution per active participant$790
Average account balance$19,777
Benefits paid to participants$1,640,127
Plan auditUnmodified (clean) audit opinion
AuditorJESSON, OSLIN & ASSOCIATES, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$17.6M · 892 accts · $1.0M emplr
2023$10.5M · 702 accts · $993K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,993
Investment management$1,061
Total administrative$135,254
The Park Street Management, Inc. 401(k) match · 2024
Employer contribution per active participant$790
Median for plans this size$2,416
2024$790 per active participant
2023$1,710 per active participant

Park Street Management, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$131,131
CBIZ INVESTMENT ADVISORY SERVICES, · Investment advisory (participants)$3,916

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

Administrative cost history2
2024$135,254 · 0.96%
2023$78,123 · 0.87%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Codescience, Inc. TN$19.0M · 0.48%
Inova Payroll, Inc. TN$18.5M · 0.72%
Perfectserve, Inc. TN$18.4M · 0.49%
Banc Card of America, Inc TN$17.2M · 0.50%
Allen & Hoshall, Inc. TN$16.2M · 0.24%
Vehlo Purchaser, LLC TN$16.1M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833236087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.