Plan Ledger DOL Form 5500 · updated monthly

Tango Card Inc401(k)

TANGO CARD INC 401(K) PROFIT SHARING PLAN AND TRUST · SEATTLE, WA · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Tango Card Inc reported $6,626 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,492 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 1 year on file its reported administrative ratio fell from 0.044% to 0.041%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 712th-largest of 1,714 plans among Washington employers on file, and the 5,706th of 11,654 in professional & technical services. In 2023, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 241 to 267 since 2022.

Plan summary
Net assets, end of year$19,201,482
Participants with balances284
Active participants267
Employer contributions$1,733,332
Employee contributions$2,788,845
Employer contribution per active participant$6,492
Average account balance$67,611
Benefits paid to participants$1,441,603
Plan auditUnmodified (clean) audit opinion
AuditorCLARK NUBER
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $859K emplr
2023$19.2M · 284 accts · $1.7M emplr
2022$12.8M · 249 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,575
Investment management$5,051
Total administrative$6,626
The Tango Card Inc 401(k) match · 2023
Employer contribution per active participant$6,492
Median for plans this size$2,440
2023$6,492 per active participant
2022$5,504 per active participant

Tango Card Inc's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,051
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,575

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

Administrative cost history3
2024Not separately reported
2023$6,626 · 0.04%
2022$5,380 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Washington
Enviroissues WA$19.9M · 0.15%
Fresh Consulting, Inc. WA$19.8M · 0.59%
Kymeta Corporation WA$19.8M · 0.21%
Perteet, Inc. WA$19.4M · 0.01%
Aspect Consulting, LLC WA$19.1M · 0.31%
Farallon Consulting, LLC WA$19.0M · 0.36%
Glp Attorneys, P.S., Inc. WA$19.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264169114 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.