Plan Ledger DOL Form 5500 · updated monthly

T-L Irrigation Co.401(k)

T-L IRRIGATION CO. PROFIT SHARING PLAN · HASTINGS, NE · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

T-L Irrigation Co. reported $73,507 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,433 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 0.29% to 0.24%. 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 184th-largest of 565 plans among Nebraska employers on file, and the 4,300th of 13,661 in manufacturing. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,790,339
Participants with balances204
Active participants175
Employer contributions$600,800
Employee contributions$907,567
Employer contribution per active participant$3,433
Average account balance$155,835
Benefits paid to participants$1,475,626
Plan auditUnmodified (clean) audit opinion
AuditorCORE CPAS PC
Plan history3
Yearassets · accounts · employer contribution
2024$31.8M · 204 accts · $601K emplr
2023$28.3M · 203 accts · $569K emplr
2022$24.1M · 197 accts · $566K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,180
Investment management$42,327
Total administrative$73,507
The T-L Irrigation Co. 401(k) match · 2024
Employer contribution per active participant$3,433
Median for plans this size$2,416
2024$3,433 per active participant
2023$3,348 per active participant
2022$3,471 per active participant

T-L Irrigation Co.'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 · 20242
CWM LLC · Investment advisory (plan)$39,197
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,180

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

Administrative cost history3
2024$73,507 · 0.24%
2023$66,298 · 0.25%
2022$75,590 · 0.29%
Same employer
Similar plansManufacturing · Nebraska
Kelley Bean Co. Inc. NE$33.1M · 0.71%
Global Industries, Inc. NE$31.1M · 0.36%
Elemental Scientific, Inc. NE$22.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470406891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.