Southern Carpenters Supplemental Pension PlanMoney purchase plan
SOUTHERN CARPENTERS SUPPLEMENTAL PENSION PLAN · GOODLETTSVILLE, TN · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Southern Carpenters Supplemental Pension Plan reported $60,370 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,891 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 1 year on file its reported administrative ratio fell from 0.48% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 551st-largest of 1,496 plans among Tennessee employers on file, and the 2,020th of 5,337 in construction. active participation has grown from 2,851 to 3,142 since 2022.
Southern Carpenters Supplemental Pension Plan's 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 371820508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.