Plan Ledger DOL Form 5500 · updated monthly

The Tombras Group401(k)

THE TOMBRAS GROUP PROFIT SHARING/TAX DEFERRED SAVING PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

The Tombras Group reported $122,408 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $3,162 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 0.40% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 428th-largest of 1,496 plans among Tennessee employers on file, and the 4,268th of 11,654 in professional & technical services. In 2024, employees put in $2.83 for every $1.00 the employer contributed; active participation has shrunk from 455 to 364 since 2022.

Plan summary
Net assets, end of year$29,200,760
Participants with balances498
Active participants364
Employer contributions$1,151,056
Employee contributions$3,257,697
Employer contribution per active participant$3,162
Average account balance$58,636
Benefits paid to participants$3,140,980
Plan auditUnmodified (clean) audit opinion
AuditorPUGH & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$29.2M · 498 accts · $1.2M emplr
2023$24.3M · 535 accts · $1.3M emplr
2022$17.5M · 566 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,408
Investment management$25,000
Total administrative$122,408
The The Tombras Group 401(k) match · 2024
Employer contribution per active participant$3,162
Median for plans this size$2,416
2024$3,162 per active participant
2023$3,135 per active participant
2022$2,470 per active participant

The Tombras Group's 2024 employer contribution ran above 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 · 20243
GREAT-WEST LIFE & ANNUITY INSURANCE$73,944
RATHER & KITTRELL, INC. · Investment advisory (plan)$25,000
TENNESSEE PENSION ADMINISTRATORS · Contract administrator$23,464

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$122,408 · 0.46%
2023$91,949 · 0.44%
2022$68,859 · 0.40%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Emma, Inc. TN$31.3M · 0.30%
Jsb Management Company TN$29.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620565115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.