Plan Ledger DOL Form 5500 · updated monthly

Reliable Medical Supply, LLC401(k)

RELIABLE MEDICAL SUPPLY, LLC 401(K) PROFIT SHARING PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Reliable Medical Supply, LLC reported $22,201 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,347 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 0.30% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 604th-largest of 1,496 plans among Tennessee employers on file, and the 4,024th of 11,911 in health care & social assistance. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 224 to 568 since 2022.

Plan summary
Net assets, end of year$17,703,708
Participants with balances399
Active participants568
Employer contributions$765,154
Employee contributions$1,585,031
Employer contribution per active participant$1,347
Average account balance$44,370
Benefits paid to participants$2,773,659
Plan auditUnmodified (clean) audit opinion
AuditorLBMC
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 399 accts · $765K emplr
2023$15.8M · 325 accts · $585K emplr
2022$5.7M · 161 accts · $259K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,201
Total administrative$22,201
The Reliable Medical Supply, LLC 401(k) match · 2024
Employer contribution per active participant$1,347
Median for plans this size$2,416
2024$1,347 per active participant
2023$1,064 per active participant
2022$1,155 per active participant

Reliable Medical Supply, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$74,222
TRINITY PENSION CONSULTANTS, INC · Recordkeeping · Loan processing$22,358
BANK OF AMERICA NA · Investment advisory (plan)$10,999

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

Recordkeeper by year2
2024TRINITY PENSION CONSULTANTS, INC, Transamerica
2023TRINITY PENSION CONSULTANTS, INC, Transamerica

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

Administrative cost history3
2024$22,201 · 0.13%
2023$28,812 · 0.27%
2022$18,112 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Caris Healthcare, LP TN$18.2M · 0.63%
Lifelinc Corporation TN$18.1M · 1.65%
Laughlin Memorial Hospital TN$16.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411631370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.