Plan Ledger DOL Form 5500 · updated monthly

Tandem Management, LLC401(k)

TANDEM HR, LLC 401(K) PLAN · CHANDLER, AZ · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Tandem Management, LLC reported $1,242,909 in plan administrative expenses for 2024: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,320 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 $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 52nd-largest of 1,285 plans among Arizona employers on file, and the 545th of 11,654 in professional & technical services. In 2024, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$309,899,835
Participants with balances4,974
Active participants9,352
Employer contributions$12,344,964
Employee contributions$28,498,969
Employer contribution per active participant$1,320
Average account balance$62,304
Benefits paid to participants$38,956,863
Plan auditUnmodified (clean) audit opinion
AuditorMETZ CPA
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,078,146
Investment management$76,479
Audit (IQPA)$58,365
Trustee / custodial$29,887
Total administrative$1,242,909
The Tandem Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,320
Median for plans this size$4,294

Tandem Management, LLC's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$754,665
TANDEM HR, LLC · Claims processing · Recordkeeping$282,458
VENSURE EMPLOYER SERVICES, INC. · Claims processing · Recordkeeping$41,023
BKS FINANCIAL INVESTMENTS LLC · Pension consulting · Investment advisory (participants)$71,757
FORVIS MAZARS, LLP · Accounting / audit$58,365
CHARLES SCHWAB BANK · Custodial (securities) · Trustee (directed)$29,887

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

Administrative cost history1
2024$1,242,909 · 0.42%
Similar plansProfessional & Technical Services · Arizona
Godaddy.com, LLC AZ$641.6M · 0.09%
Snell & Wilmer L.L.P. AZ$587.6M · 0.03%
Carollo Engineers, Inc. AZ$398.2M · 0.04%
Lifestance Health, Inc. AZ$295.4M · 0.06%
Fennemore Craig P.C. AZ$265.8M · 0.10%
Rincon Research Corporation AZ$161.5M · 0.06%
Russell Sigler, Inc. AZ$120.2M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364231315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.