Plan Ledger DOL Form 5500 · updated monthly

Taco, Inc.401(k)

TACO, INC. PROFIT SHARING & 401(K) PLAN · CRANSTON, RI · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Taco, Inc. reported $101,547 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,155 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 3 years on file its reported administrative ratio has held roughly steady near 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 42nd-largest of 286 plans among Rhode Island employers on file, and the 1,804th of 13,661 in manufacturing. In 2024, employees put in $3.67 for every $1.00 the employer contributed; active participation has grown from 563 to 666 since 2022.

Plan summary
Net assets, end of year$107,645,125
Participants with balances758
Active participants666
Employer contributions$1,435,470
Employee contributions$5,270,685
Employer contribution per active participant$2,155
Average account balance$142,012
Benefits paid to participants$11,200,888
Plan auditUnmodified (clean) audit opinion
AuditorBOIVIN & ASSOCIATES CPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$107.6M · 758 accts · $1.4M emplr
2023$96.7M · 742 accts · $1.4M emplr
2022$84.6M · 670 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,824
Investment management$40,723
Total administrative$101,547
The Taco, Inc. 401(k) match · 2024
Employer contribution per active participant$2,155
Median for plans this size$3,635
2024$2,155 per active participant
2023$2,331 per active participant
2022$2,384 per active participant

Taco, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$60,824
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$25,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$15,723

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$101,547 · 0.10%
2023$86,601 · 0.10%
2022$88,114 · 0.09%
Same employer
Similar plansManufacturing · Rhode Island
Hasbro, Inc. RI$985.0M · 0.04%
Toray Plastics America, Inc. RI$396.9M · 0.12%
Teknor Apex Company RI$299.9M · 0.17%
Technic, Inc. RI$73.5M · 0.01%
Quantic Electronics, LLC RI$62.9M · 0.15%
The Moore Company RI$50.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050250724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.