Plan Ledger DOL Form 5500 · updated monthly

World Travel Service, LLC401(k)

LBMC EMPLOYMENT PARTNERS, LLC 401(K) PROFIT SHARING PLAN · KNOXVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
0.63%

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

World Travel Service, LLC reported $33,058 in plan administrative expenses for 2022: 0.63% of average plan assets, above the peer median. Employer contributions averaged $1,037 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 administrative & support services employers. By assets it is among the smaller plans on file in Tennessee (1,080th of 1,496), and 1,447th of 2,534 in administrative & support services. In 2022, employees put in $3.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,902,060
Participants with balances102
Active participants96
Employer contributions$99,510
Employee contributions$355,860
Employer contribution per active participant$1,037
Average account balance$48,059
Benefits paid to participants$237,412
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK ASKEW & CO., LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$4.9M · 102 accts · $100K emplr
The World Travel Service, LLC 401(k) match · 2022
Employer contribution per active participant$1,037
Median for plans this size$1,114

World Travel Service, LLC'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 history2
2023Not separately reported
2022$33,058 · 0.63%
Similar plansAdministrative & Support Services · Tennessee
United Tn Holdings, Inc. TN$8.4M · 0.46%
Key Rehabilitation Inc TN$8.0M · 0.55%
Hri Holdings, Inc. TN$5.9M · 0.10%
Data Facts, Inc. TN$5.2M · 0.68%
Smc Recycling, Inc. TN$4.1M · 0.50%
Emory Valley Center TN$4.1M · 0.68%
Security Walls, LLC TN$3.3M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620135170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.