Plan Ledger DOL Form 5500 · updated monthly

Security Walls, LLC401(k)

SECURITY WALLS 401(K) PROFIT SHARING PLAN AND TRUST · KNOXVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
1.09%

Security Walls, LLC reported $34,236 in plan administrative expenses for 2023: 1.09% of average plan assets, higher than ~75% of peers. 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 1.24% to 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Tennessee (1,208th of 1,496), and 1,706th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$3,283,471
Participants with balances121
Active participants113
Employer contributions—
Employee contributions$282,484
Employer contribution per active participant—
Average account balance$27,136
Benefits paid to participants$476,162
Plan auditUnmodified (clean) audit opinion
AuditorMILLER CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 84 accts
2023$3.3M · 121 accts
2022$3.0M · 145 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,879
Trustee / custodial$13,357
Total administrative$34,236
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 · 20231
THE TRUST COMPANY OF TENNESSEE · Recordkeeping · Trustee$34,236

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

Recordkeeper by year2
2024THE TRUST COMPANY OF TENNESSEE
2023THE TRUST COMPANY OF TENNESSEE

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

Administrative cost history3
2024$34,427 · 1.12%
2023$34,236 · 1.09%
2022$50,821 · 1.24%
Similar plansAdministrative & Support Services · Tennessee
World Travel Service, LLC TN$4.9M · 0.63%
Smc Recycling, Inc. TN$4.1M · 0.50%
Emory Valley Center TN$4.1M · 0.68%
Super Bee Holdings, LLC TN$3.0M · 1.03%
Lusa Associates Inc. TN$2.1M · 2.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320081312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.