Plan Ledger DOL Form 5500 · updated monthly

Tawani Enterprises, Inc.401(k)

TAWANI ENTERPRISES EMPLOYEES' PENSION PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Tawani Enterprises, Inc. reported $98,991 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,163 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 3 years on file its reported administrative ratio has held roughly steady near 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,667th-largest of 3,702 plans among Illinois employers on file, and the 1,033rd of 3,341 in other services. In 2024, the employer put in $1.30 for every $1.00 employees contributed themselves; active participation has grown from 94 to 168 since 2022.

Plan summary
Net assets, end of year$20,663,557
Participants with balances140
Active participants168
Employer contributions$1,203,356
Employee contributions$924,674
Employer contribution per active participant$7,163
Average account balance$147,597
Benefits paid to participants$3,489,001
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 140 accts · $1.2M emplr
2023$19.4M · 133 accts · $1.2M emplr
2022$15.9M · 124 accts · $903K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,911
Investment management$60,080
Total administrative$98,991
The Tawani Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$7,163
Median for plans this size$2,416
2024$7,163 per active participant
2023$10,195 per active participant
2022$9,609 per active participant

Tawani Enterprises, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
FORUSALL ADVISORS LLC · Investment advisory (plan)$60,080
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,911

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$98,991 · 0.49%
2023$80,831 · 0.46%
2022$84,398 · 0.48%
Same employer
Similar plansOther Services · Illinois
Aarete, LLC IL$18.5M · 0.46%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364083425 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.