Plan Ledger DOL Form 5500 · updated monthly

Smyrna Ready Mix Concrete, LLC401(k)

SMYRNA READY MIX 401(K) PROFIT SHARING PLAN AND TRUST · MURFREESBORO, TN · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Smyrna Ready Mix Concrete, LLC reported $677,462 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,595 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 0.11% to 0.67%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 143rd-largest of 1,496 plans among Tennessee employers on file, and the 1,662nd of 13,661 in manufacturing. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has shrunk from 4,984 to 3,887 since 2022.

Plan summary
Net assets, end of year$119,921,007
Participants with balances4,574
Active participants3,887
Employer contributions$13,974,217
Employee contributions$17,973,746
Employer contribution per active participant$3,595
Average account balance$26,218
Benefits paid to participants$12,247,057
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$119.9M · 4,574 accts · $14.0M emplr
2023$83.0M · 4,747 accts · $9.8M emplr
2022$53.0M · 4,705 accts · $7.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$677,462
Total administrative$677,462
The Smyrna Ready Mix Concrete, LLC 401(k) match · 2024
Employer contribution per active participant$3,595
Median for plans this size$3,635
2024$3,595 per active participant
2023$1,622 per active participant
2022$1,410 per active participant

Smyrna Ready Mix Concrete, LLC's 2024 employer contribution ran below the $3,635 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 · 20244
CAPITAL GROUP RETIREMENT PLAN S$350,033
STONES RIVER CONSULTING · Contract administrator$146,354
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$101,395
CETERA ADVISORS LLC$79,680

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$677,462 · 0.67%
2023$144,811 · 0.21%
2022$51,616 · 0.11%
Same employer
Similar plansManufacturing · Tennessee
Frontdoor, Inc. TN$147.4M · 0.10%
Playcore, Inc. TN$146.1M · 0.02%
Abg Operating, LLC TN$124.1M · 0.21%
Bryce Corporation TN$115.3M · 0.12%
Lallemand USA, Inc. TN$102.2M · 0.17%
Carlex Glass America, LLC TN$102.1M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621850770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.