Plan Ledger DOL Form 5500 · updated monthly

Theranest, LLC401(k)

THERAPY BRANDS 401(K) PLAN · BIRMINGHAM, AL · plan year 2022

Reported admin expense ratio · 2022
0.99%

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

Theranest, LLC reported $117,338 in plan administrative expenses for 2022: 0.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,116 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 418th-largest of 902 plans among Alabama employers on file, and 7,411th of 11,654 in professional & technical services. In 2022, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,927,041
Participants with balances588
Active participants423
Employer contributions$1,318,013
Employee contributions$2,495,784
Employer contribution per active participant$3,116
Average account balance$20,284
Benefits paid to participants$1,652,112
Plan auditUnmodified (clean) audit opinion
AuditorKASSOUF & CO
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$43,266
Professional / advisory$74,072
Total administrative$117,338
The Theranest, LLC 401(k) match · 2022
Employer contribution per active participant$3,116
Median for plans this size$2,266

Theranest, LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$117,338 · 0.99%
Similar plansProfessional & Technical Services · Alabama
Interfuze Corporation AL$12.8M · 0.24%
Martin Advertising, Inc. AL$12.6M · 0.24%
Spectrum Solutions, Inc. AL$12.3M · 0.50%
Victory Solutions, Inc. AL$12.2M · 0.04%
Tidwell Group, LLC AL$11.6M · 0.47%
Spectrum Solutions, Inc. AL$11.1M · 0.50%
Trinova, Inc. AL$10.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463580910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.