Plan Ledger DOL Form 5500 · updated monthly

Womble, LLC401(k)

WOMBLE, LLC 401(K) PROFIT SHARING PLAN · HENDERSONVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Womble, LLC reported $17,392 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $180 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 0.72% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Tennessee (1,199th of 1,496), and 10,361st of 11,654 in professional & technical services. In 2024, employees put in $8.64 for every $1.00 the employer contributed; active participation has grown from 142 to 162 since 2022.

Plan summary
Net assets, end of year$3,492,285
Participants with balances128
Active participants162
Employer contributions$29,114
Employee contributions$251,429
Employer contribution per active participant$180
Average account balance$27,283
Benefits paid to participants$174,934
Plan auditUnmodified (clean) audit opinion
AuditorMILLER CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 128 accts · $29K emplr
2023$3.3M · 129 accts · $32K emplr
2022$2.6M · 124 accts · $30K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,392
Total administrative$17,392
The Womble, LLC 401(k) match · 2024
Employer contribution per active participant$180
Median for plans this size$1,313
2024$180 per active participant
2023$203 per active participant
2022$210 per active participant

Womble, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
M HOLDINGS SECURITIES, INC. · Investment advisory (participants)$10,877

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$17,392 · 0.51%
2023Not separately reported
2022$20,494 · 0.72%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Iqtalent Partners, Inc. TN$3.7M · 1.30%
Freeland Chevrolet, LLC TN$3.5M · 0.77%
B.T.L. Industries, Inc. TN$2.8M · 1.06%
Renuke Services Inc. TN$2.5M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621814396 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.