Plan Ledger DOL Form 5500 · updated monthly

Tractor Supply Company401(k)

TRACTOR SUPPLY COMPANY 401(K) RETIREMENT SAVINGS PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Tractor Supply Company reported $1,248,146 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $378 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 0.23% to 0.24%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 42nd-largest of 1,496 plans among Tennessee employers on file, and the 103rd of 5,215 in retail trade. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 49,648 to 55,849 since 2022.

Plan summary
Net assets, end of year$559,732,555
Participants with balances16,338
Active participants55,849
Employer contributions$21,089,421
Employee contributions$44,009,799
Employer contribution per active participant$378
Average account balance$34,260
Benefits paid to participants$59,644,511
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$559.7M · 16,338 accts · $21.1M emplr
2023$476.9M · 15,633 accts · $19.2M emplr
2022$352.9M · 13,917 accts · $17.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$888,567
Investment management$95,288
Total administrative$1,248,146
The Tractor Supply Company 401(k) match · 2024
Employer contribution per active participant$378
Median for plans this size$4,294
2024$378 per active participant
2023$392 per active participant
2022$349 per active participant

Tractor Supply Company's 2024 employer contribution ran below the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$888,579
TOWERS WATSON INVESTMENT SERVICES, · Investment management$264,291
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$95,288

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$1,248,146 · 0.24%
2023$926,715 · 0.22%
2022$838,197 · 0.23%
Same employer
Similar plansRetail Trade · Tennessee
Autozone, Inc. TN$1.1B · 0.10%
Dollar General Corporation TN$824.5M · 0.25%
Pilot Travel Centers, LLC TN$506.9M · 0.21%
Delek US Holdings, Inc. TN$392.1M · 0.06%
Genesco Inc. TN$190.2M · 0.02%
Tom James Company TN$126.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133139732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.