Plan Ledger DOL Form 5500 · updated monthly

T. & G. Industries, Inc.401(k)

T. & G. INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

T. & G. Industries, Inc. reported $102,105 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,138 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 1 year on file its reported administrative ratio fell from 0.42% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,825th-largest of 5,648 plans among New York employers on file, and the 644th of 3,341 in other services. In 2024, employees put in $4.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,515,878
Participants with balances412
Active participants383
Employer contributions$435,875
Employee contributions$1,804,895
Employer contribution per active participant$1,138
Average account balance$81,349
Benefits paid to participants$1,436,795
Plan history2
Yearassets · accounts · employer contribution
2024$33.5M · 412 accts · $436K emplr
2023$27.3M · 392 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,105
Total administrative$102,105
The T. & G. Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,138
Median for plans this size$2,416
2024$1,138 per active participant
2023$135 per active participant

T. & G. Industries, Inc.'s 2024 employer contribution ran below the $2,416 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.

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
PAYCHEX, INC. · Recordkeeping · Investment advisory (participants)indirect comp
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$102,104
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (participants)indirect comp
WELLS FARGO ADVISORS FIN NETWORK · Investment advisory (plan)indirect 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
2024Paychex
2023Paychex

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$102,105 · 0.34%
2023$91,471 · 0.42%
Same employer
Similar plansOther Services · New York
Qsac, Inc. NY$34.7M · 0.18%
Persistent Systems LLC NY$34.4M · 0.19%
Lifetime Assistance, Inc. NY$33.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112202153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.