Plan Snapshot
- Plan Sponsor: Tennessee Farmers Cooperative
- Sponsor EIN: 621216249
- Sponsor Address: 180 OLD NASHVILLE HIGHWAY, LAVERGNE, TN, 370861983
- Plan Type: 401(k)
- Total Participants: 3,312
- Total Assets: $385.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 3,312 | $385.7M | $10.0M | $12.7M |
| 2022 | 3,299 | $344.9M | $12.4M | $12.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $482,280 | — | $482,280 |
| PRIME CAPITAL INVESTMENT ADVISORS | ADVISOR | $196,592 | — | $196,592 |
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $678,872
- Estimated Expense Ratio: 0.176% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2023 | $366,831 | $98,269 | $2,700 | — | — |
| 2022 | $816,713 | $433,121 | — | — | — |