Plan Ledger DOL Form 5500 · updated monthly

The Terminix Company, LLC401(k)

TERMINIX RETIREMENT PLAN · MEMPHIS, TN · plan year 2022

Reported admin expense ratio · 2022
0.18%

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

The Terminix Company, LLC reported $947,812 in plan administrative expenses for 2022: 0.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,866 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.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other management of companies employers. By assets it is the 48th-largest of 1,496 plans among Tennessee employers on file, and the 86th of 786 in management of companies. In 2022, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$483,193,750
Participants with balances13,218
Active participants10,154
Employer contributions$18,948,392
Employee contributions$43,540,599
Employer contribution per active participant$1,866
Average account balance$36,556
Benefits paid to participants$62,738,365
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $17.8M emplr
2022$483.2M · 13,218 accts · $18.9M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$847,811
Investment management$80,051
Professional / advisory$19,950
Total administrative$947,812
The The Terminix Company, LLC 401(k) match · 2022
Employer contribution per active participant$1,866
Median for plans this size$4,065

The Terminix Company, LLC's 2022 employer contribution ran below the $4,065 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$947,812 · 0.18%
Same employer
Similar plansManagement of Companies · Tennessee
Clayton Homes, Inc. TN$1.6B · 0.13%
Kroll, LLC NY$504.6M · 0.09%
Osram Sylvania Inc. NH$485.7M · 0.22%
Midfirst Bank OK$485.6M · 0.11%
Maritz Holdings Inc. MO$465.5M · 0.05%
The Chenega Corporation AK$451.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 901036521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.