Plan Ledger DOL Form 5500 · updated monthly

Tag Manufacturing, Inc.401(k)

TAG MANUFACTURING, INC. 401(K) PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Tag Manufacturing, Inc. reported $39,211 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,287 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 0.89% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (1,023rd of 1,496), and 10,767th of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has shrunk from 338 to 265 since 2022.

Plan summary
Net assets, end of year$5,837,351
Participants with balances125
Active participants265
Employer contributions$341,015
Employee contributions$634,602
Employer contribution per active participant$1,287
Average account balance$46,699
Benefits paid to participants$872,362
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 125 accts · $341K emplr
2023$5.1M · 143 accts · $337K emplr
2022$4.0M · 146 accts · $310K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,211
Total administrative$39,211
The Tag Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,287
Median for plans this size$1,313
2024$1,287 per active participant
2023$1,094 per active participant
2022$916 per active participant

Tag Manufacturing, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$18,580
ERISA SERVICES, INC. · Recordkeeping · Loan processing$2,958
WELLS FARGO ADVISORS · Investment advisory (plan)$16,290
MESIROW FINANCIAL, INC. · Investment advisory (plan)$1,104

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

Recordkeeper by year2
2024ERISA SERVICES, INC., Transamerica
2023ERISA SERVICES, INC., Transamerica

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

Administrative cost history3
2024$39,211 · 0.72%
2023$30,882 · 0.68%
2022$36,652 · 0.89%
Same employer
Similar plansManufacturing · Tennessee
Cha Technologies, Inc. TN$5.9M · 0.03%
Omega Plastics, LLC TN$5.8M · 0.13%
St. Clair Foods, Inc. TN$5.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721578630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.