Plan Ledger DOL Form 5500 · updated monthly

Site Organic LLC401(k)

MINISTRY BRANDS 401(K) PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Site Organic LLC reported $142,425 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,107 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 rose from 0.39% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 488th-largest of 1,496 plans among Tennessee employers on file, and the 921st of 2,199 in information & media. In 2024, employees put in $4.74 for every $1.00 the employer contributed; active participation has shrunk from 690 to 574 since 2022.

Plan summary
Net assets, end of year$23,989,973
Participants with balances584
Active participants574
Employer contributions$635,251
Employee contributions$3,010,093
Employer contribution per active participant$1,107
Average account balance$41,079
Benefits paid to participants$2,593,261
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.0M · 584 accts · $635K emplr
2023$19.1M · 577 accts · $644K emplr
2022$14.4M · 611 accts · $584K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,887
Investment management$60,874
Audit (IQPA)$27,664
Total administrative$142,425
The Site Organic LLC 401(k) match · 2024
Employer contribution per active participant$1,107
Median for plans this size$2,416
2024$1,107 per active participant
2023$1,058 per active participant
2022$846 per active participant

Site Organic LLC's 2024 employer contribution ran below the $2,416 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$54,886
ALLIANT INSURANCE SERVICES INC · Investment management$32,214
WITHUM SMITH BROWN PC · Investment management$27,664

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$142,425 · 0.66%
2023$95,638 · 0.57%
2022$55,642 · 0.39%
Same employer
Similar plansInformation & Media · Tennessee
Revspring, Inc. TN$62.2M · 0.29%
Concord Music Group, Inc TN$56.0M · 0.20%
Simplify Compliance, LLC TN$39.6M · 0.29%
Cheetah Digital, Inc. TN$29.5M · 0.17%
Lewisburg Printing, LLC TN$18.9M · 0.52%
Bentkey Services, LLC TN$11.2M · 0.78%
Malco Management Company TN$10.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461145297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.