Plan Ledger DOL Form 5500 · updated monthly

Tgs Holdings, LLC401(k)

TGS HOLDINGS, LLC 401(K) PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Tgs Holdings, LLC reported $42,435 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $537 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 0.86% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,020th of 1,496), and 7,425th of 11,911 in health care & social assistance. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 425 to 556 since 2022.

Plan summary
Net assets, end of year$5,869,529
Participants with balances208
Active participants556
Employer contributions$298,764
Employee contributions$522,856
Employer contribution per active participant$537
Average account balance$28,219
Benefits paid to participants$448,704
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 208 accts · $299K emplr
2023$4.8M · 197 accts · $309K emplr
2022$3.5M · 182 accts · $246K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,462
Investment management$4,573
Total administrative$42,435
The Tgs Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$537
Median for plans this size$1,313
2024$537 per active participant
2023$657 per active participant
2022$579 per active participant

Tgs Holdings, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Contract administrator · Investment advisory (participants)$34,462
GALLAGHER BENEFIT SERVICES, INC.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$42,435 · 0.80%
2023$37,629 · 0.91%
2022$28,609 · 0.86%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Savida Management, Inc. TN$6.2M · 0.43%
Porter-Leath TN$6.1M · 1.05%
Macon Hospital Inc. TN$5.8M · 0.18%
All Care Plus, Inc. TN$5.6M · 1.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412168928 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.