Plan Ledger DOL Form 5500 · updated monthly

Tachi-S Engineering U.S.A., Inc.401(k)

TACHI-S ENGINEERING U.S.A., INC. TAX DEFERRED SAVINGS PLAN AND TRUST · FARMINGTON HILLS, MI · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Tachi-S Engineering U.S.A., Inc. reported $40,124 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,702 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 0.31% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,161st-largest of 2,619 plans among Michigan employers on file, and 6,167th of 11,654 in professional & technical services. In 2023, employees put in $2.46 for every $1.00 the employer contributed; active participation has shrunk from 198 to 115 since 2022.

Plan summary
Net assets, end of year$16,884,760
Participants with balances149
Active participants115
Employer contributions$310,735
Employee contributions$763,696
Employer contribution per active participant$2,702
Average account balance$113,321
Benefits paid to participants$2,815,642
Plan auditUnmodified (clean) audit opinion
AuditorGORDON ADVISORS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 81 accts · $182K emplr
2023$16.9M · 149 accts · $311K emplr
2022$15.8M · 235 accts · $383K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,124
Total administrative$40,124
The Tachi-S Engineering U.S.A., Inc. 401(k) match · 2023
Employer contribution per active participant$2,702
Median for plans this size$2,440
2024$5,877 per active participant
2023$2,702 per active participant
2022$1,936 per active participant

Tachi-S Engineering U.S.A., Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee (directed)$40,124

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$27,548 · 0.18%
2023$40,124 · 0.25%
2022$51,733 · 0.31%
Similar plansProfessional & Technical Services · Michigan
Gfl Environmental USA Inc. MI$17.2M · 0.12%
Zausmer, P.C. MI$17.2M · 0.44%
Daysmart Software, LLC MI$16.6M · 0.52%
Surveying Solutions, Inc. MI$16.3M · 0.20%
Latcha & Associates, L.L.C. MI$16.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382690277 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.