Plan Ledger DOL Form 5500 · updated monthly

Technical Response, Inc.401(k)

TECHNICAL RESPONSE, INC. 401(K) PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
2.84%

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

Technical Response, Inc. reported $21,658 in plan administrative expenses for 2024: 2.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,631 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 under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (1,421st of 1,496), and 13,330th of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$862,749
Participants with balances192
Active participants44
Employer contributions$159,758
Employee contributions$309,533
Employer contribution per active participant$3,631
Average account balance$4,493
Benefits paid to participants$364,731
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,227
Investment management$431
Total administrative$21,658
The Technical Response, Inc. 401(k) match · 2024
Employer contribution per active participant$3,631
Median for plans this size$540

Technical Response, Inc.'s 2024 employer contribution ran above the $540 median for plans its size, placing it in the top quarter of its peers. 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 · 20243
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$13,674
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$7,553
RPA FINANCIAL LLC · Investment advisory (plan)$431

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

Administrative cost history1
2024$21,658 · 2.84%
Similar plansManufacturing · Tennessee
Mulch Company LLC TN$935K · 1.52%
C & S Plastics, LLC TN$890K · 3.07%
Tgs Precision LLC TN$885K · 0.39%
Runyon Industries Inc. TN$871K · 0.60%
Morrison Industries, LLC TN$796K · 1.63%
Entekra LLC TN$675K · 0.24%
Bpi Packaging, LLC TN$642K · 1.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472274476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.