Plan Ledger DOL Form 5500 · updated monthly

Global Tbm Company401(k)

GLOBAL TBM COMPANY RETIREMENT SAVINGS PLAN · SOLON, OH · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Global Tbm Company reported $35,278 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,055 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 3 years on file its reported administrative ratio has held roughly steady near 0.131%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,024th-largest of 3,295 plans among Ohio employers on file, and the 4,718th of 13,661 in manufacturing. In 2024, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,140,446
Participants with balances120
Active participants47
Employer contributions$143,591
Employee contributions$399,449
Employer contribution per active participant$3,055
Average account balance$234,504
Benefits paid to participants$1,510,218
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.1M · 120 accts · $144K emplr
2023$25.6M · 128 accts · $149K emplr
2022$24.2M · 136 accts · $202K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,255
Investment management$34,023
Total administrative$35,278
The Global Tbm Company 401(k) match · 2024
Employer contribution per active participant$3,055
Median for plans this size$2,416
2024$3,055 per active participant
2023$3,309 per active participant
2022$4,122 per active participant

Global Tbm Company's 2024 employer contribution ran above the $2,416 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
CEDAR BROOK FINANCIAL PARTNERS, LLC · Recordkeeping · Trustee$17,023
SEIA LLC · Recordkeeping · Trustee$17,000
ADP, INC. · Loan processing · Recordkeeping$1,255
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, CEDAR BROOK FINANCIAL PARTNERS, LLC, SEIA LLC
2023ADP, CEDAR BROOK FINANCIAL PARTNERS, LLC

This plan has changed recordkeepers within these filings. If you left Global Tbm Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$35,278 · 0.13%
2023$34,124 · 0.14%
2022$34,750 · 0.13%
Similar plansManufacturing · Ohio
Dan T. Moore Company OH$28.7M · 0.35%
Sandridge Food Corporation OH$28.7M · 0.02%
Yachiyo of America, Inc. OH$28.4M · 0.61%
Alliance Compressors, LLC OH$28.1M · 0.23%
Aida-America Corporation OH$27.8M · 0.17%
Trew, LLC OH$27.8M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 853565454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.