Plan Ledger DOL Form 5500 · updated monthly

Tri Star Services, LLC401(k)

TRI STAR SERVICES, LLC 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Tri Star Services, LLC reported $179,753 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $665 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 0.69% to 0.76%. 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 472nd-largest of 1,496 plans among Tennessee employers on file, and the 1,207th of 5,215 in retail trade. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has shrunk from 3,877 to 2,177 since 2022.

Plan summary
Net assets, end of year$24,955,518
Participants with balances528
Active participants2,177
Employer contributions$1,447,030
Employee contributions$2,363,384
Employer contribution per active participant$665
Average account balance$47,264
Benefits paid to participants$3,999,262
Plan auditUnmodified (clean) audit opinion
AuditorLBMC,PC
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 528 accts · $1.4M emplr
2023$22.3M · 501 accts · $1.4M emplr
2022$18.2M · 416 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$179,753
Total administrative$179,753
The Tri Star Services, LLC 401(k) match · 2024
Employer contribution per active participant$665
Median for plans this size$2,416
2024$665 per active participant
2023$693 per active participant
2022$334 per active participant

Tri Star Services, 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
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$107,225
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$24,695
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$47,833

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$179,753 · 0.76%
2023$153,474 · 0.76%
2022$113,195 · 0.69%
Same employer
Similar plansRetail Trade · Tennessee
Kirkland's Inc TN$35.2M · 0.26%
Farrell Calhoun, Inc. TN$27.6M · 0.01%
Nrb Group, LLC TN$21.7M · 0.55%
Twin City Motors, Inc. TN$21.3M · 0.38%
Mapco Express, Inc. TN$21.2M · 0.42%
City Enterprises, LLC TN$19.1M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621828852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.