Plan Ledger DOL Form 5500 · updated monthly

Tae Brakes, LLC401(k)

TAE BRAKES 401(K) PLAN · LIMA, OH · plan year 2022

Reported admin expense ratio · 2022
0.21%

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

Tae Brakes, LLC reported $8,354 in plan administrative expenses for 2022: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,277 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,691st of 3,295), and 11,737th of 13,661 in manufacturing. In 2022, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,007,418
Participants with balances108
Active participants88
Employer contributions$200,413
Employee contributions$304,143
Employer contribution per active participant$2,277
Average account balance$37,106
Benefits paid to participants$299,284
Plan auditUnmodified (clean) audit opinion
AuditorBOBER MARKEY FEDOROVICH AND COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $16K emplr
2022$4.0M · 108 accts · $200K emplr
The Tae Brakes, LLC 401(k) match · 2022
Employer contribution per active participant$2,277
Median for plans this size$1,114

Tae Brakes, LLC's 2022 employer contribution ran above the $1,114 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 history2
2023Not separately reported
2022$8,354 · 0.21%
Similar plansManufacturing · Ohio
Maval Industries, LLC OH$4.0M · 0.39%
Third Dimension, Inc. OH$4.0M · 0.05%
Miba Bearings US LLC OH$4.0M · 0.21%
Woeber Mustard Company OH$4.0M · 0.36%
Summit Plastic Company OH$4.0M · 0.38%
Jec Investments, Inc. OH$3.9M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861290698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.