Plan Ledger DOL Form 5500 · updated monthly

The Guardian Foundation, Inc.401(k)

THE GUARDIAN FOUNDATION, INC. RETIREMENT PLAN · OOLTEWAH, TN · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

The Guardian Foundation, Inc. reported $236,705 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,138 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 0.83% to 0.77%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 388th-largest of 1,496 plans among Tennessee employers on file, and the 426th of 2,534 in administrative & support services. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves; active participation has grown from 1,401 to 1,642 since 2022.

Plan summary
Net assets, end of year$33,019,784
Participants with balances1,602
Active participants1,642
Employer contributions$3,511,252
Employee contributions$3,297,274
Employer contribution per active participant$2,138
Average account balance$20,612
Benefits paid to participants$5,529,535
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.0M · 1,602 accts · $3.5M emplr
2023$28.4M · 1,638 accts · $2.8M emplr
2022$21.6M · 1,607 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$168,474
Investment management$655
Total administrative$236,705
The The Guardian Foundation, Inc. 401(k) match · 2024
Employer contribution per active participant$2,138
Median for plans this size$2,416
2024$2,138 per active participant
2023$2,037 per active participant
2022$1,084 per active participant

The Guardian Foundation, Inc.'s 2024 employer contribution ran below 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$168,474
MERRILL LYNCH · Investment advisory (plan)$67,576

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$236,705 · 0.77%
2023$259,457 · 1.04%
2022$188,449 · 0.83%
Similar plansAdministrative & Support Services · Tennessee
Nextsource, Inc. TN$27.3M · 0.89%
Kemmons Wilson Companies TN$21.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521623898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.