Plan Ledger DOL Form 5500 · updated monthly

Pilot Corporation401(k)

PILOT CORPORATION 401(K) PLAN · KNOXVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

Pilot Corporation reported $57,032 in plan administrative expenses for 2023: 0.41% of average plan assets, above the peer median. Employer contributions averaged $250 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 fell from 0.55% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 617th-largest of 1,496 plans among Tennessee employers on file, and the 1,701st of 5,215 in retail trade. In 2023, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,142,775
Participants with balances976
Active participants2,599
Employer contributions$650,602
Employee contributions$1,218,055
Employer contribution per active participant$250
Average account balance$17,564
Benefits paid to participants$2,245,752
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $204K emplr
2023$17.1M · 976 accts · $651K emplr
2022$11.0M · 1,242 accts · $714K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$57,032
Total administrative$57,032
The Pilot Corporation 401(k) match · 2023
Employer contribution per active participant$250
Median for plans this size$2,440
2023$250 per active participant
2022$288 per active participant

Pilot Corporation's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$57,032

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

Administrative cost history3
2024Not separately reported
2023$57,032 · 0.41%
2022$81,717 · 0.55%
Same employer
Similar plansRetail Trade · Tennessee
Twin City Motors, Inc. TN$21.3M · 0.38%
Mapco Express, Inc. TN$21.2M · 0.42%
City Enterprises, LLC TN$19.1M · 0.27%
Gossett Motor Cars, Inc. TN$14.9M · 0.67%
Easy Auto, Inc. TN$14.6M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620600415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.