Plan Ledger DOL Form 5500 · updated monthly

Turenne & Associates, LLC401(k)

TURENNE & ASSOCIATES, LLC AND AFFILIATES 401(K) PLAN · MONTGOMERY, AL · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Turenne & Associates, LLC reported $120,995 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,188 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 0.25% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 228th-largest of 902 plans among Alabama employers on file, and the 2,848th of 11,911 in health care & social assistance. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,990,074
Participants with balances869
Active participants622
Employer contributions$739,234
Employee contributions$1,513,750
Employer contribution per active participant$1,188
Average account balance$33,360
Benefits paid to participants$2,324,370
Plan auditDisclaimer of opinion
AuditorPEARCE, BEVILL, LEESBURG & MOORE,PC
Plan history3
Yearassets · accounts · employer contribution
2024$29.0M · 869 accts · $739K emplr
2023$25.9M · 869 accts · $664K emplr
2022$21.2M · 816 accts · $599K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,995
Total administrative$120,995
The Turenne & Associates, LLC 401(k) match · 2024
Employer contribution per active participant$1,188
Median for plans this size$2,416
2024$1,188 per active participant
2023$1,068 per active participant
2022$968 per active participant

Turenne & Associates, 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
LEAFHOUSE FINANCIAL · Recordkeeping · Custodial (securities)$12,852
ONEASCENT FINANCIAL SERVICES LLC · Investment advisory (participants) · Investment advisory (plan)indirect comp
ERISA SERVICES, INC. · Plan administratorindirect comp

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

Recordkeeper by year2
2024LEAFHOUSE FINANCIAL
2023Nationwide

This plan has changed recordkeepers within these filings. If you left Turenne & Associates, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$120,995 · 0.44%
2023$55,137 · 0.23%
2022$56,810 · 0.25%
Similar plansHealth Care & Social Assistance · Alabama
Crowne Management, LLC AL$33.6M · 0.75%
Gut, P.C. AL$25.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631285595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.