Plan Ledger DOL Form 5500 · updated monthly

Quanta Manufacturing Nashville L401(k)

QUANTA MANUFACTURING LLC RETIREMENT PLAN · LAVERGNE, TN · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Quanta Manufacturing Nashville L reported $64,284 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $333 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 0.50% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 663rd-largest of 1,496 plans among Tennessee employers on file, and 6,984th of 13,661 in manufacturing. In 2024, employees put in $5.02 for every $1.00 the employer contributed; active participation has grown from 582 to 1,252 since 2022.

Plan summary
Net assets, end of year$15,374,905
Participants with balances464
Active participants1,252
Employer contributions$416,766
Employee contributions$2,093,485
Employer contribution per active participant$333
Average account balance$33,136
Benefits paid to participants$587,225
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 464 accts · $417K emplr
2023$11.7M · 401 accts · $339K emplr
2022$8.9M · 341 accts · $261K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,284
Total administrative$64,284
The Quanta Manufacturing Nashville L 401(k) match · 2024
Employer contribution per active participant$333
Median for plans this size$2,416
2024$333 per active participant
2023$382 per active participant
2022$449 per active participant

Quanta Manufacturing Nashville L'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$64,284

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$64,284 · 0.48%
2023$53,165 · 0.52%
2022$46,118 · 0.50%
Same employer
Similar plansManufacturing · Tennessee
Copperweld Bimetallics LLC TN$15.8M · 0.02%
Kelvion Products Inc. TN$15.7M · 0.72%
Currax Pharmaceuticals LLC TN$15.4M · 0.52%
Colortech, Inc. TN$15.0M · 0.56%
Florim USA, Inc. TN$14.9M · 0.72%
Arc Automotive, Inc. TN$14.1M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300177111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.