Plan Ledger DOL Form 5500 · updated monthly

Targus International LLC401(k)

TARGUS INTERNATIONAL LLC 401(K) PROFIT SHARING PLAN · ANAHEIM, CA · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

Targus International LLC reported $72,946 in plan administrative expenses for 2022: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,499 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 0.33% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,960th-largest of 9,483 plans among California employers on file, and the 6,429th of 13,661 in manufacturing. In 2022, employees put in $3.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,640,153
Participants with balances196
Active participants158
Employer contributions$394,851
Employee contributions$1,214,335
Employer contribution per active participant$2,499
Average account balance$90,001
Benefits paid to participants$5,977,745
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$566K · 6 accts
2022$17.6M · 196 accts · $395K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,071
Investment management$25,675
Professional / advisory$39,200
Total administrative$72,946
The Targus International LLC 401(k) match · 2022
Employer contribution per active participant$2,499
Median for plans this size$2,266

Targus International LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$26,529 · 0.29%
2022$72,946 · 0.33%
Same employer
Similar plansManufacturing · California
Drum Workshop, Inc. CA$17.9M · 0.39%
Leemah Electronics, Inc. CA$17.9M · 0.40%
Think Surgical, Inc. CA$17.8M · 0.17%
Micrometals CA$17.5M
Gritstone Bio, Inc. CA$17.5M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810694486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.