Plan Ledger DOL Form 5500 · updated monthly

Tam International, Inc.401(k)

TAM INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Tam International, Inc. reported $88,694 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,760 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 rose from 0.07% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 1,808th-largest of 5,688 plans among Texas employers on file, and the 285th of 612 in mining, oil & gas extraction. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has grown from 116 to 142 since 2022.

Plan summary
Net assets, end of year$23,527,929
Participants with balances218
Active participants142
Employer contributions$391,903
Employee contributions$1,004,990
Employer contribution per active participant$2,760
Average account balance$107,926
Benefits paid to participants$2,460,632
Plan auditUnmodified (clean) audit opinion
AuditorEEPB
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 218 accts · $392K emplr
2023$21.8M · 231 accts · $215K emplr
2022$19.1M · 229 accts · $173K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,455
Investment management$42,154
Total administrative$88,694
The Tam International, Inc. 401(k) match · 2024
Employer contribution per active participant$2,760
Median for plans this size$2,416
2024$2,760 per active participant
2023$1,581 per active participant
2022$1,495 per active participant

Tam International, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
CREATIVE PLANNING LLC · Investment advisory (plan)$42,154
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$85

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

Administrative cost history3
2024$88,694 · 0.39%
2023$39,046 · 0.19%
2022$13,317 · 0.07%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Dawson Geophysical Company TX$25.3M · 0.45%
Baytex Energy USA, Inc. TX$25.2M · 0.16%
Tgnr Holdco LLC TX$24.3M · 0.50%
Killam Oil Co., LTD. TX$24.1M · 0.42%
Burk Royalty Co., LTD. TX$23.5M · 0.37%
Tellurian Services LLC TX$23.4M · 0.09%
Finley Resources Inc. TX$22.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741604281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.