Plan Ledger DOL Form 5500 · updated monthly

Tanco Engineering, Inc.401(k)

TANCO ENGINEERING 401(K) PLAN & TRUST · LOVELAND, CO · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Tanco Engineering, Inc. reported $50,970 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,085 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 3 years on file its reported administrative ratio has held roughly steady near 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Colorado (821st of 1,461), and 3,184th of 5,337 in construction. In 2024, employees put in $6.26 for every $1.00 the employer contributed; active participation has grown from 100 to 114 since 2022.

Plan summary
Net assets, end of year$9,371,950
Participants with balances208
Active participants114
Employer contributions$123,729
Employee contributions$774,768
Employer contribution per active participant$1,085
Average account balance$45,057
Benefits paid to participants$715,126
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 208 accts · $124K emplr
2023$8.1M · 196 accts · $113K emplr
2022$7.4M · 193 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,020
Investment management$18,000
Total administrative$50,970
The Tanco Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$1,085
Median for plans this size$1,313
2024$1,085 per active participant
2023$1,052 per active participant

Tanco Engineering, 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 · 20242
GLOBAL RETIREMENT PARTNERS, LLC$18,000

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$50,970 · 0.58%
2023$48,190 · 0.62%
2022$51,246 · 0.59%
Same employer
Similar plansConstruction · Colorado
Cml Security LLC CO$9.6M · 0.53%
Concrete Express, Inc. CO$9.4M · 0.60%
Lightning Ventures, Inc. CO$8.8M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840796336 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.