Plan Ledger DOL Form 5500 · updated monthly

Techmer Pm, LLC401(k)

TECHMER PM, LLC 401(K) PROFIT SHARING PLAN · CLINTON, TN · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Techmer Pm, LLC reported $141,414 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $3,375 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 0.12% to 0.21%. 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 226th-largest of 1,496 plans among Tennessee employers on file, and the 2,489th of 13,661 in manufacturing. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,123,769
Participants with balances563
Active participants466
Employer contributions$1,572,673
Employee contributions$2,333,455
Employer contribution per active participant$3,375
Average account balance$122,778
Benefits paid to participants$12,902,677
Plan auditUnmodified (clean) audit opinion
AuditorELLIOT DAVIS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$69.1M · 563 accts · $1.6M emplr
2023$67.0M · 559 accts · $1.4M emplr
2022$64.1M · 572 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,602
Investment management$67,812
Total administrative$141,414
The Techmer Pm, LLC 401(k) match · 2024
Employer contribution per active participant$3,375
Median for plans this size$3,635
2024$3,375 per active participant
2023$3,173 per active participant
2022$2,906 per active participant

Techmer Pm, 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$73,602
MORGAN STANLEY GRAYSTONE · Investment advisory (participants)$67,812

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$141,414 · 0.21%
2023$118,043 · 0.18%
2022$89,012 · 0.12%
Same employer
Similar plansManufacturing · Tennessee
Entrans International, LLC TN$79.8M · 0.30%
Malibu Boats, LLC TN$74.2M · 0.50%
Grain Craft, LLC TN$72.6M · 0.18%
Southern Towing Company TN$70.5M · 0.05%
The Carlstar Group LLC TN$68.9M · 0.35%
Microport Orthopedics Inc. TN$66.6M · 0.18%
Bush Brothers & Company TN$66.3M · 0.23%
Nuclear Fuel Services, Inc. TN$65.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311566487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.