Plan Ledger DOL Form 5500 · updated monthly

Tact Medical Temps Inc401(k)

TACT MEDICAL STAFFING 401K · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.54%

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

Tact Medical Temps Inc reported $1,184 in plan administrative expenses for 2022: 0.54% of average plan assets, below the peer median. Employer contributions averaged $1,069 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (5,517th of 5,648), and 2,410th of 2,534 in administrative & support services. In 2022, employees put in $2.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$295,486
Participants with balances14
Active participants51
Employer contributions$54,513
Employee contributions$160,028
Employer contribution per active participant$1,069
Average account balance$21,106
Benefits paid to participants$44,054
Plan auditUnmodified (clean) audit opinion
AuditorFRSCPA
The Tact Medical Temps Inc 401(k) match · 2022
Employer contribution per active participant$1,069
Median for plans this size$331

Tact Medical Temps Inc's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,184 · 0.54%
Similar plansAdministrative & Support Services · New York
Prime Staffing LLC NY$491K · 1.60%
Weitsman Recycling, LLC NY$333K · 0.78%
Compusec Inc. NY$205K · 0.68%
Security USA, Inc. NY$196K · 2.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 133527998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.