Plan Ledger DOL Form 5500 · updated monthly

Tm Rta Management, Inc.401(k)

TM RTA HOLDINGS 401(K) PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
2.46%

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

Tm Rta Management, Inc. reported $170,702 in plan administrative expenses for 2024: 2.46% of average plan assets, higher than ~90% of peers. Employer contributions averaged $314 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 0.28% to 2.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Tennessee (949th of 1,496), and 2,315th of 3,091 in educational services. In 2024, employees put in $6.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,234,322
Participants with balances253
Active participants342
Employer contributions$107,241
Employee contributions$724,275
Employer contribution per active participant$314
Average account balance$28,594
Benefits paid to participants$1,117,261
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 253 accts · $107K emplr
2023$6.7M · 508 accts · $218K emplr
2022$5.4M · 521 accts · $62K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$170,702
Total administrative$170,702
The Tm Rta Management, Inc. 401(k) match · 2024
Employer contribution per active participant$314
Median for plans this size$1,313
2024$314 per active participant
2023$624 per active participant
2022$168 per active participant

Tm Rta Management, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA REITREMENT SOLUTIONS · Recordkeeping · Loan processing$58,761
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$16,190
LBMC PC · Accounting / audit$15,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$170,702 · 2.46%
2023$168,929 · 2.81%
2022$17,016 · 0.28%
Same employer
Similar plansEducational Services · Tennessee
Davidson Academy TN$9.5M · 0.09%
Bryan College TN$9.3M · 0.17%
Boyd Buchanan School TN$9.0M · 0.52%
Jackson Christian School TN$6.9M · 0.59%
Columbia Academy, Inc. TN$6.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814122983 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.