Plan Ledger DOL Form 5500 · updated monthly

Pinnacle Bank401(k)

PINNACLE FINANCIAL PARTNERS, INC. 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Pinnacle Bank reported $51,454 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,495 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 0.008% to 0.010%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 40th-largest of 1,496 plans among Tennessee employers on file, and the 283rd of 4,798 in finance & insurance. In 2024, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$564,555,644
Participants with balances3,746
Active participants3,612
Employer contributions$16,234,740
Employee contributions$32,404,533
Employer contribution per active participant$4,495
Average account balance$150,709
Benefits paid to participants$40,157,393
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$564.6M · 3,746 accts · $16.2M emplr
2023$462.8M · 3,620 accts · $15.3M emplr
2022$359.6M · 3,455 accts · $13.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,454
Total administrative$51,454
The Pinnacle Bank 401(k) match · 2024
Employer contribution per active participant$4,495
Median for plans this size$4,294
2024$4,495 per active participant
2023$4,503 per active participant
2022$4,138 per active participant

Pinnacle Bank's 2024 employer contribution ran above the $4,294 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
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$51,454

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

Administrative cost history3
2024$51,454 · 0.01%
2023$43,802 · 0.01%
2022$32,919 · 0.01%
Same employer
Similar plansFinance & Insurance · Tennessee
First Horizon Corporation TN$1.3B · 0.10%
Asurion LLC TN$733.3M · 0.15%
Eastman Credit Union TN$146.1M · 0.02%
Fb Financial Corporation TN$138.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621829917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.