Plan Ledger DOL Form 5500 · updated monthly

Tarkett Finance Inc.401(k)

TARKETT 401(K) PLAN · SOLON, OH · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Tarkett Finance Inc. reported $425,668 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,626 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 0.21% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 161st-largest of 3,295 plans among Ohio employers on file, and the 882nd of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 2,387 to 3,502 since 2022.

Plan summary
Net assets, end of year$286,586,198
Participants with balances3,081
Active participants3,502
Employer contributions$9,194,970
Employee contributions$19,014,395
Employer contribution per active participant$2,626
Average account balance$93,017
Benefits paid to participants$28,504,589
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$286.6M · 3,081 accts · $9.2M emplr
2023$208.4M · 2,452 accts · $6.4M emplr
2022$178.3M · 2,491 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$237,942
Investment management$154,944
Total administrative$425,668
The Tarkett Finance Inc. 401(k) match · 2024
Employer contribution per active participant$2,626
Median for plans this size$3,635
2024$2,626 per active participant
2023$2,767 per active participant
2022$2,530 per active participant

Tarkett Finance Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$238,796
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$114,944
AON INVESTMENTS USA INC · Investment advisory (plan)$72,781

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$425,668 · 0.17%
2023$328,533 · 0.17%
2022$425,824 · 0.21%
Same employer
Similar plansManufacturing · Ohio
Hexion Inc. OH$317.4M · 0.09%
Trico Group, LLC OH$302.9M · 0.22%
Proampac Holdings Inc. OH$298.6M · 0.22%
Vibrantz Corporation OH$253.2M · 0.06%
Gojo Industries, Inc. OH$244.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522066880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.