Plan Ledger DOL Form 5500 · updated monthly

T.E. Properties, Inc.401(k)

T.E. PROPERTIES, INC. 401(K) PLAN · CHATTANOOGA, TN · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

T.E. Properties, Inc. reported $34,868 in plan administrative expenses for 2023: 0.48% of average plan assets, below the peer median. Employer contributions averaged $1,465 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 0.57% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Tennessee (906th of 1,496), and 1,244th of 2,096 in real estate & leasing. In 2023, employees put in $1.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,134,739
Participants with balances98
Active participants136
Employer contributions$199,265
Employee contributions$243,539
Employer contribution per active participant$1,465
Average account balance$83,008
Benefits paid to participants$386,422
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$8.1M · 98 accts · $199K emplr
2022$6.5M · 99 accts · $201K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,868
Total administrative$34,868
The T.E. Properties, Inc. 401(k) match · 2023
Employer contribution per active participant$1,465
Median for plans this size$1,308
2023$1,465 per active participant
2022$1,447 per active participant

T.E. Properties, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FTB ADVISORS · Insurance brokerindirect comp
ERISA SERVICES, INC. · Contract administratorindirect comp

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

Administrative cost history2
2023$34,868 · 0.48%
2022$44,636 · 0.57%
Similar plansReal Estate & Leasing · Tennessee
Lhp Management, LLC TN$13.4M · 0.91%
Alco Management, Inc. TN$12.5M · 0.33%
The Dude Abides, Inc TN$8.8M · 0.10%
Ghertner & Company TN$7.9M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621441535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.