Plan Ledger DOL Form 5500 · updated monthly

Task Force Tips, LLC401(k)

TASK FORCE TIPS, LLC 401(K) & PROFIT SHARING PLAN · VALPARAISO, IN · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Task Force Tips, LLC reported $111,351 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $3,486 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 0.33% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 402nd-largest of 1,562 plans among Indiana employers on file, and the 4,192nd of 13,661 in manufacturing. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,992,103
Participants with balances284
Active participants228
Employer contributions$794,837
Employee contributions$1,410,895
Employer contribution per active participant$3,486
Average account balance$116,169
Benefits paid to participants$5,392,832
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.0M · 284 accts · $795K emplr
2023$31.7M · 278 accts · $710K emplr
2022$26.5M · 290 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,027
Investment management$50,324
Audit (IQPA)$21,000
Total administrative$111,351
The Task Force Tips, LLC 401(k) match · 2024
Employer contribution per active participant$3,486
Median for plans this size$2,416
2024$3,486 per active participant
2023$3,304 per active participant
2022$7,251 per active participant

Task Force Tips, LLC's 2024 employer contribution ran above the $2,416 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 · 20244
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$40,900
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$40,027
CLIFTONLARSONALLEN · Accounting / audit$21,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,424

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$111,351 · 0.34%
2023$107,352 · 0.37%
2022$102,374 · 0.33%
Same employer
Similar plansManufacturing · Indiana
Central Wire, Inc. IN$34.2M · 0.07%
Enkei America, Inc. IN$34.2M · 0.40%
Intat Precision, Inc IN$33.7M · 0.28%
Lucas Oil Products, Inc. IN$33.6M · 0.45%
Hammond Group, Inc. IN$33.0M · 0.05%
Kem Krest Corporation IN$32.2M · 0.49%
Elsa LLC IN$32.2M · 0.06%
Novae Corporation IN$31.7M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351187949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.