Plan Ledger DOL Form 5500 · updated monthly

Radio Systems Corporation401(k)

RADIO SYSTEMS CORPORATION RETIREMENT SAVINGS PLAN · KNOXVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.22%

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

Radio Systems Corporation reported $153,215 in plan administrative expenses for 2023: 0.22% of average plan assets, above the peer median. Employer contributions averaged $3,470 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 0.15% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other wholesale trade employers. By assets it is the 207th-largest of 1,496 plans among Tennessee employers on file, and the 522nd of 4,246 in wholesale trade. In 2023, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$78,668,531
Participants with balances1,257
Active participants884
Employer contributions$3,067,149
Employee contributions$4,757,078
Employer contribution per active participant$3,470
Average account balance$62,584
Benefits paid to participants$10,752,450
Plan auditUnmodified (clean) audit opinion
AuditorLBMC,PC
Plan history3
Yearassets · accounts · employer contribution
2024$78.5M · 1,151 accts · $2.8M emplr
2023$78.7M · 1,257 accts · $3.1M emplr
2022$63.7M · 1,184 accts · $2.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$61,483
Investment management$57,973
Audit (IQPA)$33,759
Total administrative$153,215
The Radio Systems Corporation 401(k) match · 2023
Employer contribution per active participant$3,470
Median for plans this size$3,659
2024$3,105 per active participant
2023$3,470 per active participant
2022$3,001 per active participant

Radio Systems Corporation's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$61,483
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$38,887
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,086
MARCUM LLP · Accounting / audit$15,759
LBMC, PC · Accounting / audit$13,000
CROWE LLP · Accounting / audit$5,000

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$126,909 · 0.16%
2023$153,215 · 0.22%
2022$103,114 · 0.15%
Same employer
Similar plansWholesale Trade · Tennessee
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%
Ingram Entertainment Inc. TN$70.3M · 0.03%
Hand Family Companies, LLC TN$51.5M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 205548897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.