T & C Foods Inc401(k)
T & C FOODS INC 401(K) PROFIT SHARING PLAN & TRUST · MOUNT VERNON, OH · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
T & C Foods Inc reported $5,716 in plan administrative expenses for 2024: 1.71% of average plan assets, above the peer median. Employer contributions averaged $262 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 0.74% to 1.71%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (3,234th of 3,295), and 3,217th of 3,341 in other services. In 2024, employees put in $1.23 for every $1.00 the employer contributed; active participation has grown from 108 to 122 since 2022.
T & C Foods Inc's 2024 employer contribution ran below the $540 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 311443608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.