Plan Ledger DOL Form 5500 · updated monthly

The 615 Group, LLC401(k)

THE 615 GROUP 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

The 615 Group, LLC reported $47,623 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $1,750 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 0.34% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Tennessee (929th of 1,496), and 8,787th of 11,654 in professional & technical services. In 2024, employees put in $3.16 for every $1.00 the employer contributed; active participation has shrunk from 253 to 224 since 2022.

Plan summary
Net assets, end of year$7,690,575
Participants with balances289
Active participants224
Employer contributions$392,085
Employee contributions$1,238,304
Employer contribution per active participant$1,750
Average account balance$26,611
Benefits paid to participants$1,389,202
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 289 accts · $392K emplr
2023$6.3M · 310 accts · $419K emplr
2022$3.4M · 184 accts · $327K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,083
Investment management$25,540
Total administrative$47,623
The The 615 Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,750
Median for plans this size$1,313
2024$1,750 per active participant
2023$1,528 per active participant
2022$1,292 per active participant

The 615 Group, LLC's 2024 employer contribution ran above the $1,313 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$23,806
EMPOWER ADVISORY GROUP, LLC · Investment management$1,735

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$47,623 · 0.68%
2023$19,408 · 0.40%
2022$10,860 · 0.34%
All plans at this employer2
THE 615 GROUP 401(K) PLAN401(k)
THE 615 GROUP 401(K) PLAN401(k)
Same employer
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Premium Guard, Inc. TN$7.5M · 0.95%
Cabinets to Go LLC TN$7.4M · 0.40%
Transit-Technologies, LLC TN$7.2M · 0.74%
Waypoint Analytical, Inc. TN$7.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824228908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.