Plan Ledger DOL Form 5500 · updated monthly

Team Construction, LLC401(k)

TEAM CONSTRUCTION 401(K) PLAN · NASHVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Team Construction, LLC reported $407 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,283 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Tennessee (1,316th of 1,496), and 4,843rd of 5,337 in construction. In 2022, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,952,334
Participants with balances59
Active participants133
Employer contributions$170,622
Employee contributions$247,251
Employer contribution per active participant$1,283
Average account balance$33,090
Benefits paid to participants$93,382
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$407
Total administrative$407
The Team Construction, LLC 401(k) match · 2022
Employer contribution per active participant$1,283
Median for plans this size$1,114

Team Construction, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$407 · 0.02%
Similar plansConstruction · Tennessee
Acme Block & Brick, Inc. TN$2.3M · 0.07%
Dement LLC TN$2.2M · 0.77%
Rackley Solutions, LLC TN$1.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421623033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.