Plan Ledger DOL Form 5500 · updated monthly

T & R Market, Inc.Profit-sharing plan

T & R MARKET PROFIT SHARING PLAN · GALLUP, NM · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

T & R Market, Inc. reported $827 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,747 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 fell from 0.45% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 112th-largest of 290 plans among New Mexico employers on file, and the 2,082nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$13,430,909
Participants with balances112
Active participants93
Employer contributions$441,502
Employee contributions—
Employer contribution per active participant$4,747
Average account balance$119,919
Benefits paid to participants$266,129
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 112 accts · $442K emplr
2023$12.8M · 112 accts · $497K emplr
2022$11.1M · 121 accts · $470K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$827
Total administrative$827
Employer contributions to the T & R Market, Inc. plan · 2024
Employer contribution per active participant$4,747
Median for plans this size$2,416
2024$4,747 per active participant
2023$5,462 per active participant
2022$5,341 per active participant

T & R Market, Inc.'s 2024 employer contribution ran above the $2,416 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.

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.

Administrative cost history3
2024$827 · 0.01%
2023$116,706 · 0.98%
2022$46,414 · 0.45%
Similar plansRetail Trade · New Mexico
Forrest Tire Company, Inc. NM$22.9M · 2.38%
Swiderski Equipment, Inc. WI$13.5M · 0.47%
Martella's Pharmacies PA$13.4M · 0.52%
Card Kingdom, Inc. WA$13.4M · 0.67%
Dutch Farms, Inc. IL$13.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850225623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.