Plan Ledger DOL Form 5500 · updated monthly

William S. Trimble Company, Inc.401(k)

WILLIAM S. TRIMBLE COMPANY, INC. PROFIT SHARING PLAN & TRUST · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

William S. Trimble Company, Inc. reported $62,187 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,931 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 1.04% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Tennessee (922nd of 1,496), and 3,077th of 5,215 in retail trade. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 133 to 171 since 2022.

Plan summary
Net assets, end of year$7,863,698
Participants with balances197
Active participants171
Employer contributions$330,199
Employee contributions$473,881
Employer contribution per active participant$1,931
Average account balance$39,917
Benefits paid to participants$306,872
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 197 accts · $330K emplr
2023$6.6M · 191 accts · $293K emplr
2022$6.3M · 199 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,148
Investment management$24,289
Audit (IQPA)$12,750
Total administrative$62,187
The William S. Trimble Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,931
Median for plans this size$1,313
2024$1,931 per active participant
2023$2,021 per active participant
2022$1,916 per active participant

William S. Trimble Company, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
HOME FEDERAL BANK OF TENNESSEE$24,290
TENNESSEE PENSION ADMINISTRATORS · Contract administrator$13,232
COULTER & JUSTUS, PC · Accounting / audit$12,750

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$62,187 · 0.86%
2023$54,112 · 0.84%
2022$73,958 · 1.04%
Same employer
Similar plansRetail Trade · Tennessee
Downey Oil Company, Inc. TN$8.3M · 0.63%
Stump's Market, Inc. TN$6.8M · 0.03%
Hollywood Feed LLC TN$6.7M · 1.11%
Dyer Foods, Inc. TN$5.9M · 0.07%
Autozone Puerto Rico TN$5.8M · 1.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620460703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.