Plan Ledger DOL Form 5500 · updated monthly

Power & Telephone Supply Company401(k)

POWER & TELEPHONE SUPPLY COMPANY 401(K) PLAN · PIPERTON, TN · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Power & Telephone Supply Company reported $85,152 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $6,781 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 fell from 0.11% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 170th-largest of 1,496 plans among Tennessee employers on file, and the 427th of 4,246 in wholesale trade. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$97,011,424
Participants with balances356
Active participants283
Employer contributions$1,919,018
Employee contributions$1,552,105
Employer contribution per active participant$6,781
Average account balance$272,504
Benefits paid to participants$7,181,196
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS BONE & GRIESBECK, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$97.0M · 356 accts · $1.9M emplr
2023$84.3M · 350 accts · $3.0M emplr
2022$70.1M · 338 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,165
Investment management$51,987
Total administrative$85,152
The Power & Telephone Supply Company 401(k) match · 2024
Employer contribution per active participant$6,781
Median for plans this size$3,635
2024$6,781 per active participant
2023$10,168 per active participant
2022$9,496 per active participant

Power & Telephone Supply Company's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
ARGENT RETIREMENT PLAN ADVISORS LLC · Investment advisory (plan)$51,987
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$33,165

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$85,152 · 0.09%
2023$79,403 · 0.10%
2022$84,682 · 0.11%
Same employer
Similar plansWholesale Trade · Tennessee
Orgill, Inc. TN$275.3M · 0.14%
Nexair, LLC TN$164.0M · 0.14%
The H.T. Hackney Co. TN$125.3M · 0.21%
Highline Warren LLC TN$80.5M · 0.09%
Radio Systems Corporation TN$78.7M · 0.22%
Ingram Entertainment Inc. TN$70.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620694520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.