Plan Ledger DOL Form 5500 · updated monthly

Partnership for Families, Children and Adults Inc401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF PARTNERSHIP FOR FAMILIES, CHILDREN AND ADULTS, INC. · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Partnership for Families, Children and Adults Inc reported $2,113 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $988 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 0.01% to 0.05%. 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 (1,152nd of 1,496), and 8,514th of 11,911 in health care & social assistance. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,051,006
Participants with balances167
Active participants91
Employer contributions$89,885
Employee contributions$140,158
Employer contribution per active participant$988
Average account balance$24,258
Benefits paid to participants$240,885
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON, HICKEY & MURCHISON P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 167 accts · $90K emplr
2023$3.7M · 164 accts · $68K emplr
2022$3.2M · 152 accts · $71K emplr
The Partnership for Families, Children and Adults Inc 401(k) match · 2024
Employer contribution per active participant$988
Median for plans this size$1,313
2024$988 per active participant
2023$744 per active participant
2022$751 per active participant

Partnership for Families, Children and Adults Inc'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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,112

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$2,113 · 0.05%
2023$1,241 · 0.04%
2022$340 · 0.01%
Similar plansHealth Care & Social Assistance · Tennessee
Harber-Laman, LLC TN$4.3M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621326050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.