401(k) · DOL Form 5500 · 2024

Simplify Compliance, LLC 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
243
Participants Below avg headcount
81st
Percentile by assets National rank
$154,265
Avg per participant Above avg balance/head
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Official DOL plan name: Simplify Compliance 401(k) Plan · Sponsored by Simplify Compliance, LLC · Tennessee · Information & Media

$37M in assets, 243 participants

Simplify Compliance, LLC's Simplify Compliance 401(k) Plan reported $37M in total assets and 243 participants in its 2024 DOL Form 5500 filing, ranking in the 81st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,069 in Information & Media (2,822 peers)

Coverage in Tennessee

Simplify Compliance 401(k) Plan covers 243 participants in Tennessee, about 22% of the average Tennessee filer (state average ~1,126 per filing). Assets: $37M.

#2,069
in Information & Media (2,822 peers)
+4.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Simplify Compliance 401(k) Plan's outsized position by total assets

Simplify Compliance 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$37,486,289 Top 19% higher than 81% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Simplify Compliance 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Simplify Compliance 401(k) Plan sits mid-pack in the medium band (243 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Simplify Compliance 401(k) Plan reported participants fell from 397 in the plan year 2023 filing to 243 in the plan year 2024 filing.
  • Simplify Compliance 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Simplify Compliance 401(k) Plan end-of-year assets rose from $36M in the plan year 2023 filing to $37M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 260753128 · Simplify Compliance, LLC PY 2024 · 401(k)

Simplify Compliance 401(k) Plan · $37M · 243 · 81st

  • BOY $37M
  • SCH 243
  • EBSA 81st
  • PART 401(k)
  • TYPE near The Neenan Company 401(k) Profit Sharing Plan
  • NET ind #2069

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Information & Media retirement plans → · Plans in Tennessee →

Simplify Compliance 401(k) Plan in the asset neighbourhood

Simplify Compliance 401(k) PlanSimplify Compliance 401(k) P…$37MThe Neenan Company 401(k) Profit Sharing PlanThe Neenan Company 401(k) Pr…$37MFirst Community Credit Union 401(k) Retirement PlanFirst Community Credit Union…$37MGeneral Plumbing Supply, Inc. Retirement and 401(k) PlanGeneral Plumbing Supply, Inc…$37MResidential Management Group, LLC 401(k) Retirement Savings PlanResidential Management Group…$37M
End-of-year total assets ($M) among Simplify Compliance 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$37M
Net Income$2M
Employer EIN260753128
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Simplify Compliance, LLC)

Sponsor-wide plan assets over time

All Simplify Compliance, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$37M 11.536085465867545% vs 2022
2024 filing year
$32M$34M$36M$38M 202220232024 $33.6M $37.5M ▲ +11.5%
Year Plans Participants Total Assets
2022 1 380 $34M
2023 1 397 $36M
2024 1 243 $37M

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Simplify Compliance 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Simplify Compliance 401(k) Plan, Total assets ($B): 0.037486289 · Participants: 243Simplify Compliance 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
Simplify Compliance 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Simplify Compliance 401(k) Plan side-by-side with 3 peers →

Simplify Compliance 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is The Neenan Company 401(k) Profit Sharing Plan in CO ($37M); by covered participants it is Validatek Retirement Savings Plan in VA (243 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (243 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Simplify Compliance 401(k) Plan assets move in 2024? ▼
Simplify Compliance 401(k) Plan edged up modestly - up 4.5% during 2024, from $36M to $37M. Reported net income was $2M.
How have Simplify Compliance, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Simplify Compliance, LLC's sponsor-wide assets grew 11.5%, from $34M to $37M.
Where does Simplify Compliance 401(k) Plan rank by assets among Form 5500 filers? ▼
Simplify Compliance 401(k) Plan ranks in the 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Simplify Compliance 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Neenan Company 401(k) Profit Sharing Plan in CO ($37M, 103 participants).
Which 401(k) plans cover a similar participant headcount to Simplify Compliance 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Validatek Retirement Savings Plan in VA (243 participants, $27M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 260753128.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.