Plan Ledger DOL Form 5500 · updated monthly

Servpro Industries, LLC401(k)

SERVPRO INDUSTRIES, LLC 401K PLAN · GALLATIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Servpro Industries, LLC reported $67,076 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,683 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 0.17% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 262nd-largest of 1,496 plans among Tennessee employers on file, and the 385th of 3,341 in other services. In 2024, employees put in $5.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$56,190,477
Participants with balances562
Active participants494
Employer contributions$831,504
Employee contributions$4,465,658
Employer contribution per active participant$1,683
Average account balance$99,983
Benefits paid to participants$8,273,454
Plan auditUnmodified (clean) audit opinion
AuditorKRAFT CPA
Plan history3
Yearassets · accounts · employer contribution
2024$56.2M · 562 accts · $832K emplr
2023$50.7M · 553 accts · $771K emplr
2022$42.1M · 548 accts · $684K emplr
Administrative expenses, itemized · 2024
Investment management$71,852
Total administrative$67,076
The Servpro Industries, LLC 401(k) match · 2024
Employer contribution per active participant$1,683
Median for plans this size$3,635
2024$1,683 per active participant
2023$1,679 per active participant
2022$1,520 per active participant

Servpro Industries, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 · 20242
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$71,852
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$67,076 · 0.13%
2023$82,040 · 0.18%
2022$78,747 · 0.17%
Same employer
Similar plansOther Services · Tennessee
Youth Villages, Inc. TN$146.4M · 0.26%
Edfinancial Services, LLC TN$29.4M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941659847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.