Plan Ledger DOL Form 5500 · updated monthly

Tadano Mantis Corporation401(k)

TADANO MANTIS CORPORATION 401(K) PROFIT SHARING PLAN · FRANKLIN, TN · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Tadano Mantis Corporation reported $5,172 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,068 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 1 year on file its reported administrative ratio rose from 0.05% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (962nd of 1,496), and 10,186th of 13,661 in manufacturing. In 2023, employees put in $1.59 for every $1.00 the employer contributed; active participation has shrunk from 130 to 83 since 2022.

Plan summary
Net assets, end of year$6,986,907
Participants with balances121
Active participants83
Employer contributions$171,605
Employee contributions$273,653
Employer contribution per active participant$2,068
Average account balance$57,743
Benefits paid to participants$897,049
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $50K emplr
2023$7.0M · 121 accts · $172K emplr
2022$6.4M · 165 accts · $237K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,172
Total administrative$5,172
The Tadano Mantis Corporation 401(k) match · 2023
Employer contribution per active participant$2,068
Median for plans this size$1,308
2023$2,068 per active participant
2022$1,820 per active participant

Tadano Mantis Corporation's 2023 employer contribution ran above the $1,308 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
MINNESOTA LIFE INSURANCE COMPANY · Contract administrator · Recordkeeping$5,172

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

Recordkeeper by year2
2024Securian, The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Tadano Mantis Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$5,172 · 0.08%
2022$3,214 · 0.05%
Similar plansManufacturing · Tennessee
Tennsmith Holdings Inc. TN$7.0M · 0.54%
Exedy America Corporation TN$7.0M · 0.59%
Ole Smoky Distillery, LLC TN$7.0M · 0.23%
Microporous, LLC TN$6.9M · 0.25%
Protomet Corporation TN$6.7M · 0.63%
Tate Ornamental, Inc. TN$6.6M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621260599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.