Plan Ledger DOL Form 5500 · updated monthly

Trousdale Living Communities, Inc.401(k)

TROUSDALE LIVING COMMUNITIES, INC. 401(K) PLAN · CLEVELAND, TN · plan year 2023

Reported admin expense ratio · 2023
1.47%

Trousdale Living Communities, Inc. reported $39,608 in plan administrative expenses for 2023: 1.47% of average plan assets, higher than ~90% 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 3 years on file its reported administrative ratio has held roughly steady near 1.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,247th of 1,496), and 9,490th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,697,130
Participants with balances176
Active participants687
Employer contributions—
Employee contributions$362,244
Employer contribution per active participant—
Average account balance$15,325
Benefits paid to participants$723,907
Plan auditUnmodified (clean) audit opinion
AuditorMSL, P.A.
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$2.4M · 114 accts
2023$2.7M · 176 accts
2022$2.7M · 211 accts · $448K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,968
Trustee / custodial$14,640
Total administrative$39,608
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$39,608

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

Recordkeeper by year3
2025THE TRUST COMPANY OF TENNESSEE
2024THE TRUST COMPANY OF TENNESSEE
2023THE TRUST COMPANY OF TENNESSEE

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Administrative cost history4
2025Not separately reported
2024$38,072 · 1.51%
2023$39,608 · 1.47%
2022$49,304 · 1.58%
Similar plansHealth Care & Social Assistance · Tennessee
Coffee Medical Group, LLC TN$3.0M · 0.17%
Rhc Group Management, LLC TN$2.8M · 0.10%
Alana Healthcare, LLC TN$2.5M · 1.11%
Vsl Employee Co. LLC TN$2.3M · 1.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 301103971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.