Plan Ledger DOL Form 5500 · updated monthly

Total Network Manufacturing, LLC401(k)

TOTAL NETWORK MANUFACTURING, LLC 401(K) PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Total Network Manufacturing, LLC reported $23,491 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $493 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 fell from 0.99% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (1,172nd of 1,496), and 11,852nd of 13,661 in manufacturing. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 188 to 334 since 2022.

Plan summary
Net assets, end of year$3,787,935
Participants with balances295
Active participants334
Employer contributions$164,716
Employee contributions$366,946
Employer contribution per active participant$493
Average account balance$12,840
Benefits paid to participants$704,248
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 295 accts · $165K emplr
2023$3.5M · 271 accts · $202K emplr
2022$2.9M · 316 accts · $261K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,491
Total administrative$23,491
The Total Network Manufacturing, LLC 401(k) match · 2024
Employer contribution per active participant$493
Median for plans this size$1,313
2024$493 per active participant
2023$643 per active participant
2022$1,390 per active participant

Total Network Manufacturing, LLC'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 LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$20,703
ERISA SERVICES, INC. · Recordkeeping · Loan processing$3,000
MESIROW FINANCIAL, INC. · Investment advisory (plan)$673

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

Recordkeeper by year2
2024ERISA SERVICES, INC., Transamerica
2023ERISA SERVICES, INC., Transamerica

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

Administrative cost history3
2024$23,491 · 0.64%
2023$31,937 · 1.00%
2022$29,375 · 0.99%
Similar plansManufacturing · Tennessee
Centurion Products, Inc. TN$4.0M · 0.47%
Lpi, Inc. TN$4.0M · 0.70%
The Troxel Company TN$3.8M · 0.39%
Develey USA TN$3.8M · 1.31%
Tritium Technologies, LLC TN$3.7M · 0.07%
Security Signals, Inc. TN$3.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352644359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.