Plan Ledger DOL Form 5500 · updated monthly

Tao Group Operating, LLC401(k)

TAO GROUP OPERATING, LLC 401(K) PROFIT SHARING PLAN AND TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Tao Group Operating, LLC reported $111,595 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $809 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 fell from 0.90% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 2,141st-largest of 5,648 plans among New York employers on file, and the 239th of 2,240 in accommodation & food services. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,139,082
Participants with balances765
Active participants3,013
Employer contributions$2,436,919
Employee contributions$4,260,785
Employer contribution per active participant$809
Average account balance$34,169
Benefits paid to participants$2,499,474
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 765 accts · $2.4M emplr
2023$18.6M · 687 accts · $1.7M emplr
2022$12.6M · 627 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,595
Investment management$30,000
Total administrative$111,595
The Tao Group Operating, LLC 401(k) match · 2024
Employer contribution per active participant$809
Median for plans this size$2,416
2024$809 per active participant
2023$588 per active participant
2022$545 per active participant

Tao Group Operating, 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$81,470
USI ADVISORS INC · Investment advisory (plan)$30,000

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

Recordkeeper by year2
2024Transamerica
2023THE RETIREMENT ADVANTAGE, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Tao Group Operating, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$111,595 · 0.50%
2023$159,186 · 1.02%
2022$116,012 · 0.90%
Same employer
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Eos Investors LLC NY$26.7M · 0.44%
Remarkable Foods, Inc. NY$23.0M · 0.10%
Nobu Group, LLC NY$18.2M · 0.97%
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Source: U.S. Department of Labor, Form 5500 series, EIN 814574674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.