Plan Ledger DOL Form 5500 · updated monthly

Top Rx, LLC401(k)

TOP RX, LLC SAVINGS AND RETIREMENT PLAN · BARTLETT, TN · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Top Rx, LLC reported $66,109 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,144 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 0.47% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 691st-largest of 1,496 plans among Tennessee employers on file, and the 1,964th of 5,215 in retail trade. In 2024, employees put in $3.03 for every $1.00 the employer contributed; active participation has grown from 180 to 242 since 2022.

Plan summary
Net assets, end of year$14,446,347
Participants with balances280
Active participants242
Employer contributions$276,842
Employee contributions$838,314
Employer contribution per active participant$1,144
Average account balance$51,594
Benefits paid to participants$629,696
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 280 accts · $277K emplr
2023$12.4M · 248 accts · $249K emplr
2022$11.4M · 198 accts · $225K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,407
Investment management$30,702
Total administrative$66,109
The Top Rx, LLC 401(k) match · 2024
Employer contribution per active participant$1,144
Median for plans this size$2,416
2024$1,144 per active participant
2023$1,214 per active participant
2022$1,251 per active participant

Top Rx, LLC's 2024 employer contribution ran below the $2,416 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
MASSACHUSETTS MUTUAL LIFE · Investment advisory (plan)$30,702
ELLIS BENEFITS GROUP, INC. · Contract administrator$2,160

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$66,109 · 0.49%
2023$55,167 · 0.46%
2022$60,163 · 0.47%
Same employer
Similar plansRetail Trade · Tennessee
Gossett Motor Cars, Inc. TN$14.9M · 0.67%
Easy Auto, Inc. TN$14.6M · 0.22%
Ritchey Management II, LLC TN$14.1M · 0.54%
Jim Keras Buick Co., Inc. TN$13.9M · 0.25%
4PATRIOTS LLC TN$13.5M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 621422578 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.