Plan Ledger DOL Form 5500 · updated monthly

Rackley Solutions, LLC401(k)

RACKLEY SOLUTIONS, LLC 401(K) PROFIT SHARING PLAN · CARTHAGE, TN · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Rackley Solutions, LLC reported $2,550 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,685 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 3 years on file its reported administrative ratio has held roughly steady near 0.143%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Tennessee (1,323rd of 1,496), and 4,858th of 5,337 in construction. In 2024, the employer put in $2.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,902,183
Participants with balances131
Active participants148
Employer contributions$249,435
Employee contributions$113,833
Employer contribution per active participant$1,685
Average account balance$14,520
Benefits paid to participants$301,887
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 131 accts · $249K emplr
2023$1.7M · 126 accts · $115K emplr
2022$1.3M · 119 accts · $108K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,550
Total administrative$2,550
The Rackley Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$1,685
Median for plans this size$1,313
2024$1,685 per active participant
2023$880 per active participant
2022$725 per active participant

Rackley Solutions, LLC's 2024 employer contribution ran above 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
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (plan)indirect comp

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$2,550 · 0.14%
2023$1,750 · 0.12%
2022$1,850 · 0.14%
Similar plansConstruction · Tennessee
Dement LLC TN$2.2M · 0.77%
Team Construction, LLC TN$2.0M · 0.02%
Whaley Construction, LLC TN$343K · 1.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 861243829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.