Plan Ledger DOL Form 5500 · updated monthly

Tennessee Farmers Cooperative401(k)

CO-OP PENSION PLAN · LAVERGNE, TN · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

Tennessee Farmers Cooperative reported $366,831 in plan administrative expenses for 2023: 0.10% of average plan assets, above the peer median. Employer contributions averaged $3,020 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 0.22% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other wholesale trade employers. By assets it is the 60th-largest of 1,496 plans among Tennessee employers on file, and the 127th of 4,246 in wholesale trade. In 2023, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$385,700,241
Participants with balances3,527
Active participants3,312
Employer contributions$10,001,258
Employee contributions$12,707,066
Employer contribution per active participant$3,020
Average account balance$109,356
Benefits paid to participants$29,448,289
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$385.7M · 3,527 accts · $10.0M emplr
2022$344.7M · 3,587 accts · $12.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$243,562
Investment management$98,269
Total administrative$366,831
The Tennessee Farmers Cooperative 401(k) match · 2023
Employer contribution per active participant$3,020
Median for plans this size$4,362
2023$3,020 per active participant
2022$3,760 per active participant

Tennessee Farmers Cooperative's 2023 employer contribution ran below the $4,362 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 · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$241,140
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$98,296

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$366,831 · 0.10%
2022$816,713 · 0.22%
Similar plansWholesale Trade · Tennessee
Helena Agri-Enterprises, LLC TN$678.2M · 0.06%
Ingram Industries Inc. TN$634.1M · 0.12%
Orgill, Inc. TN$275.3M · 0.14%
Nexair, LLC TN$164.0M · 0.14%
The H.T. Hackney Co. TN$125.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621216249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.