Plan Ledger DOL Form 5500 · updated monthly

Tanury Industries, Inc.DC plan

TANURY INDUSTRIES 401(K) SAVINGS PLAN · LINCOLN, RI · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Tanury Industries, Inc. reported $40,783 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,501 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 0.45% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Rhode Island (188th of 286), and 9,805th of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has shrunk from 256 to 184 since 2022.

Plan summary
Net assets, end of year$7,711,636
Participants with balances208
Active participants184
Employer contributions$276,198
Employee contributions$519,679
Employer contribution per active participant$1,501
Average account balance$37,075
Benefits paid to participants$653,317
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 208 accts · $276K emplr
2023$6.9M · 164 accts · $167K emplr
2022$6.1M · 138 accts · $92K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,727
Total administrative$40,783
Employer contributions to the Tanury Industries, Inc. plan · 2024
Employer contribution per active participant$1,501
Median for plans this size$1,313
2024$1,501 per active participant
2023$981 per active participant
2022$360 per active participant

Tanury Industries, Inc.'s 2024 employer contribution ran above 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
TANURY INDUSTRIES INC$12,056

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$40,783 · 0.56%
2023$27,783 · 0.43%
2022$29,166 · 0.45%
Same employer
Similar plansManufacturing · Rhode Island
Hodges Badge Company, Inc. RI$11.1M · 0.02%
Moo, Inc. RI$9.2M · 0.17%
Hanna Instruments, Inc. RI$7.8M · 0.05%
Senesco Marine LLC RI$7.2M · 0.15%
Allesco Industries, Inc. RI$7.2M · 0.46%
National Chain Co., Inc. RI$7.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050252946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.