Plan Ledger DOL Form 5500 · updated monthly

Wellengood Partners401(k)

WELLENGOOD PARTNERS 401(K) PLAN · NASHVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
1.63%

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

Wellengood Partners reported $27,641 in plan administrative expenses for 2022: 1.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $981 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Tennessee (1,348th of 1,496), and 1,538th of 2,240 in accommodation & food services. In 2022, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,613,325
Participants with balances89
Active participants96
Employer contributions$94,145
Employee contributions$173,197
Employer contribution per active participant$981
Average account balance$18,127
Benefits paid to participants$100,432
Plan auditUnmodified (clean) audit opinion
AuditorCROSSLIN PLLC
The Wellengood Partners 401(k) match · 2022
Employer contribution per active participant$981
Median for plans this size$1,114

Wellengood Partners's 2022 employer contribution ran below the $1,114 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$27,641 · 1.63%
Similar plansAccommodation & Food Services · Tennessee
Hattie Bs, LLC TN$1.8M · 0.53%
Carolina Quality, LLC TN$1.6M · 1.92%
Darden Management, Inc. TN$1.6M · 0.15%
Loveless Cafe, LLC TN$1.3M · 0.22%
Corkys Bar-B-Que, LLC TN$1.0M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113642972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.