Plan Ledger DOL Form 5500 · updated monthly

Signal Centers401(k)

SIGNAL CENTERS 401(K) PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Signal Centers reported $75,465 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,677 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 0.90% to 0.72%. 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 among the smaller plans on file in Tennessee (763rd of 1,496), and the 5,041st of 11,911 in health care & social assistance. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves; active participation has grown from 270 to 392 since 2022.

Plan summary
Net assets, end of year$12,423,493
Participants with balances460
Active participants392
Employer contributions$1,049,419
Employee contributions$928,075
Employer contribution per active participant$2,677
Average account balance$27,008
Benefits paid to participants$724,217
Plan auditUnmodified (clean) audit opinion
AuditorHENDERSON, HUTCHERSON, MCCULLOUGH,
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 460 accts · $1.0M emplr
2023$8.6M · 397 accts · $843K emplr
2022$6.3M · 305 accts · $532K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,465
Total administrative$75,465
The Signal Centers 401(k) match · 2024
Employer contribution per active participant$2,677
Median for plans this size$2,416
2024$2,677 per active participant
2023$2,501 per active participant
2022$1,972 per active participant

Signal Centers's 2024 employer contribution ran above 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 · 20241
WAVERLY ADVISORS, LLC · Pension consulting · Investment advisory (participants)$75,465

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$75,465 · 0.72%
2023$55,271 · 0.74%
2022$51,324 · 0.90%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Java Medical Center, LLC TN$13.5M · 0.47%
Tend Dental, Inc. TN$12.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620587285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.