Plan Ledger DOL Form 5500 · updated monthly

Tennsco, LLC401(k)

TENNSCO RETIREMENT SAVINGS PLAN · DICKSON, TN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Tennsco, LLC reported $4,137 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,608 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 fell from 0.09% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 408th-largest of 1,496 plans among Tennessee employers on file, and the 4,411th of 13,661 in manufacturing. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,702,766
Participants with balances155
Active participants167
Employer contributions$602,578
Employee contributions$886,504
Employer contribution per active participant$3,608
Average account balance$198,082
Benefits paid to participants$1,671,303
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$30.7M · 155 accts · $603K emplr
2023$27.7M · 148 accts · $575K emplr
2022$23.6M · 154 accts · $515K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,137
Total administrative$4,137
The Tennsco, LLC 401(k) match · 2024
Employer contribution per active participant$3,608
Median for plans this size$2,416
2024$3,608 per active participant
2023$3,342 per active participant
2022$3,102 per active participant

Tennsco, LLC's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$4,136
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$4,137 · 0.01%
2023$1,895 · 0.01%
2022$24,098 · 0.09%
All plans at this employer2
TENNSCO RETIREMENT SAVINGS PLAN401(k)
TENNSCO HOURLY RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Tennessee
Diakonia Group, LLC TN$33.9M · 0.05%
Nasg Tennessee South, LLC TN$33.4M · 0.07%
Unipres U.S.A., Inc. TN$31.6M · 0.40%
Hunter Fan Company TN$30.8M · 0.37%
Team Technologies, Inc. TN$30.3M · 0.30%
Wegmann Automotive USA Inc. TN$30.0M · 0.02%
Envision Aesc US, LLC TN$29.9M · 0.16%
Sumiriko Tennessee, Inc. TN$29.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620649819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.