Plan Ledger DOL Form 5500 · updated monthly

Tayco Engineering, Inc.401(k)

EMPLOYEES' 401(K) PLAN OF TAYCO ENGINEERING, INC. · CYPRESS, CA · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Tayco Engineering, Inc. reported $4,357 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,888 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 0.015% to 0.016%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,435th-largest of 9,483 plans among California employers on file, and the 5,626th of 13,661 in manufacturing. In 2023, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,692,735
Participants with balances115
Active participants110
Employer contributions$537,733
Employee contributions$702,522
Employer contribution per active participant$4,888
Average account balance$188,632
Benefits paid to participants$1,708,401
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 116 accts · $561K emplr
2023$21.7M · 115 accts · $538K emplr
2022$19.6M · 115 accts · $531K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,627
Audit (IQPA)$730
Total administrative$4,357
The Tayco Engineering, Inc. 401(k) match · 2023
Employer contribution per active participant$4,888
Median for plans this size$2,440
2024$4,840 per active participant
2023$4,888 per active participant
2022$4,872 per active participant

Tayco Engineering, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,627
CETERA ADVISOR NETWORKS LLCindirect comp

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$3,396 · 0.02%
2023$4,357 · 0.02%
2022$3,144 · 0.02%
Similar plansManufacturing · California
Vista Paint Corporation CA$21.8M · 0.38%
The Day-Lee Foods, Inc. CA$21.8M · 0.08%
Doughtronics, Inc. CA$21.7M · 0.14%
Hogan Mfg., Inc. CA$21.7M · 0.53%
S. Martinelli & Company CA$21.5M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 952698302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.