Plan Ledger DOL Form 5500 · updated monthly

The Carlstar Group LLC401(k)

THE CARLSTAR GROUP LLC 401(K) PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

The Carlstar Group LLC reported $237,412 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,536 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 0.40% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 228th-largest of 1,496 plans among Tennessee employers on file, and the 2,494th of 13,661 in manufacturing. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has shrunk from 1,354 to 849 since 2022.

Plan summary
Net assets, end of year$68,936,003
Participants with balances1,429
Active participants849
Employer contributions$2,153,172
Employee contributions$3,795,769
Employer contribution per active participant$2,536
Average account balance$48,241
Benefits paid to participants$10,560,802
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$68.9M · 1,429 accts · $2.2M emplr
2023$66.0M · 1,498 accts · $2.2M emplr
2022$63.7M · 1,482 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$200,764
Investment management$36,648
Total administrative$237,412
The The Carlstar Group LLC 401(k) match · 2024
Employer contribution per active participant$2,536
Median for plans this size$3,635
2024$2,536 per active participant
2023$2,177 per active participant
2022$1,894 per active participant

The Carlstar Group LLC's 2024 employer contribution ran below the $3,635 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 · 20244
CREATIVE PLANNING HOLDCO LLC DBA CR · Investment advisory (plan)$23,471
MERCER GLOBAL ADVISORS INC · Investment advisory (plan)$12,500
EMPOWER ADVISORY GROUP, LLC · Investment management$677

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$237,412 · 0.35%
2023$251,945 · 0.39%
2022$281,985 · 0.40%
Same employer
Similar plansManufacturing · Tennessee
Malibu Boats, LLC TN$74.2M · 0.50%
Grain Craft, LLC TN$72.6M · 0.18%
Southern Towing Company TN$70.5M · 0.05%
Techmer Pm, LLC TN$69.1M · 0.21%
Microport Orthopedics Inc. TN$66.6M · 0.18%
Bush Brothers & Company TN$66.3M · 0.23%
Nuclear Fuel Services, Inc. TN$65.5M · 0.06%
Miller Industries, Inc. TN$63.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383918236 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.