Plan Ledger DOL Form 5500 · updated monthly

Tai Ping Carpet Holdings, LTD401(k)

TAI PING CARPETS 401(K) PLAN · ADAIRSVILLE, GA · plan year 2022

Reported admin expense ratio · 2022
0.53%

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

Tai Ping Carpet Holdings, LTD reported $54,831 in plan administrative expenses for 2022: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,287 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Georgia (1,279th of 2,160), and 2,985th of 4,246 in wholesale trade. In 2022, employees put in $2.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,500,707
Participants with balances85
Active participants78
Employer contributions$178,384
Employee contributions$530,851
Employer contribution per active participant$2,287
Average account balance$111,773
Benefits paid to participants$294,749
Plan auditUnmodified (clean) audit opinion
AuditorFRED A. MAYFIELD & CO.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$54,831
Total administrative$54,831
The Tai Ping Carpet Holdings, LTD 401(k) match · 2022
Employer contribution per active participant$2,287
Median for plans this size$2,266

Tai Ping Carpet Holdings, LTD's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$54,831 · 0.53%
Similar plansWholesale Trade · Georgia
Walthall Oil Company GA$9.8M · 0.49%
Miura America Co. LTD. GA$9.7M · 0.47%
Kudzu Fabrics, Inc. GA$9.3M · 0.33%
Angelini Pharma, Inc. GA$9.0M · 0.12%
Jaipur Living, Inc. GA$8.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010559601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.