Tellus Products, LLC401(k)
PERFORMANCE HOSPITALITY 401(K) PLAN · BELLE GLADE, FL · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Tellus Products, LLC reported $40,789 in plan administrative expenses for 2023: 2.92% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,910 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 rose from 1.33% to 1.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Florida (3,204th of 3,644), and 1,540th of 2,240 in accommodation & food services. In 2023, the employer put in $1.01 for every $1.00 employees contributed themselves; active participation has shrunk from 231 to 155 since 2022.
Tellus Products, LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left Tellus Products, LLC 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).
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Source: U.S. Department of Labor, Form 5500 series, EIN 451537816 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.