Plan Ledger DOL Form 5500 · updated monthly

Titan Implement, LLC401(k)

TITAN IMPLEMENT, LLC 401(K) PLAN · DECATUR, TN · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Titan Implement, LLC reported $6,190 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,760 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (1,362nd of 1,496), and 13,047th of 13,661 in manufacturing. In 2022, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,514,909
Participants with balances121
Active participants155
Employer contributions$272,850
Employee contributions$434,729
Employer contribution per active participant$1,760
Average account balance$12,520
Benefits paid to participants$239,899
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $9K emplr
2022$1.5M · 121 accts · $273K emplr
Administrative expenses, itemized · 2022
Investment management$6,190
Total administrative$6,190
The Titan Implement, LLC 401(k) match · 2022
Employer contribution per active participant$1,760
Median for plans this size$1,114

Titan Implement, LLC's 2022 employer contribution ran above the $1,114 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 history2
2023Not separately reported
2022$6,190 · 0.47%
Same employer
Similar plansManufacturing · Tennessee
Kyowa America Corporation TN$1.9M · 0.81%
United Cabinet Co., LLC TN$1.7M · 0.47%
Jds Technologies Inc TN$1.1M · 0.56%
Ust Inc TN$1.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471772337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.