Plan Ledger DOL Form 5500 · updated monthly

The Memphis Country Club401(k)

MEMPHIS COUNTRY CLUB 401(K) RETIREMENT PLAN · MEMPHIS, TN · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

The Memphis Country Club reported $4,208 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,565 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 0.03% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Tennessee (978th of 1,496), and 2,061st of 3,341 in other services. In 2023, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,649,113
Participants with balances113
Active participants79
Employer contributions$202,617
Employee contributions$309,380
Employer contribution per active participant$2,565
Average account balance$58,842
Benefits paid to participants$470,867
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS, BONE & GRIESBECK, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 122 accts · $228K emplr
2023$6.6M · 113 accts · $203K emplr
2022$6.0M · 113 accts · $196K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,053
Investment management$1,155
Total administrative$4,208
The The Memphis Country Club 401(k) match · 2023
Employer contribution per active participant$2,565
Median for plans this size$1,308
2024$2,510 per active participant
2023$2,565 per active participant
2022$2,332 per active participant

The Memphis Country Club's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
RAYMOND JAMES FINANCIAL SERVICESindirect 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$3,573 · 0.05%
2023$4,208 · 0.07%
2022$1,618 · 0.03%
Similar plansOther Services · Tennessee
Adventurous Journeys LLC TN$8.8M · 0.38%
Heritage Operating LLC TN$7.7M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 620291410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.