Plan Ledger DOL Form 5500 · updated monthly

Tandym Group Holdings, LLC401(k)

TANDYM GROUP HOLDINGS, LLC · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Tandym Group Holdings, LLC reported $171,848 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 0.76% to 0.79%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 2,302nd-largest of 5,648 plans among New York employers on file, and the 543rd of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$23,138,958
Participants with balances1,226
Active participants5,065
Employer contributions$0
Employee contributions$3,907,303
Employer contribution per active participant$0
Average account balance$18,874
Benefits paid to participants$5,184,119
Plan auditUnmodified (clean) audit opinion
AuditorL2G, INC
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 1,226 accts
2023$20.1M · 581 accts
2022$12.2M · 353 accts · $459K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,738
Investment management$105,110
Total administrative$171,848
The Tandym Group Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Tandym Group Holdings, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$105,110
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$66,738

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$171,848 · 0.79%
2023$118,607 · 0.73%
2022$103,965 · 0.76%
Same employer
Similar plansAdministrative & Support Services · New York
Acara Solutions, Inc. NY$24.9M · 0.29%
Aero Operating LLC NY$24.4M · 0.71%
Dga Security Systems, Inc. NY$22.0M · 0.16%
Dejana Industries, Inc. NY$22.0M · 0.90%
Green Key of Delaware LLC NY$20.8M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 813058939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.