Plan Ledger DOL Form 5500 · updated monthly

Tbc Retail Group, Inc.401(k)

TBC RETAIL 401(K) PLAN · PALM BEACH GARDENS, FL · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Tbc Retail Group, Inc. reported $229,964 in plan administrative expenses for 2022: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $498 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 rose from 0.26% to 0.30%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other retail trade employers. By assets it is the 384th-largest of 3,644 plans among Florida employers on file, and the 451st of 5,215 in retail trade. In 2022, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$79,434,162
Participants with balances6,747
Active participants3,607
Employer contributions$1,797,153
Employee contributions$5,483,458
Employer contribution per active participant$498
Average account balance$11,773
Benefits paid to participants$11,656,779
Plan auditUnmodified (clean) audit opinion
AuditorLBMC PC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$30.4M · 4,665 accts · $842K emplr
2022$79.4M · 6,747 accts · $1.8M emplr
Administrative expenses, itemized · 2022
Investment management$21,269
Professional / advisory$27,100
Total administrative$229,964
The Tbc Retail Group, Inc. 401(k) match · 2022
Employer contribution per active participant$498
Median for plans this size$3,449
2023$239 per active participant
2022$498 per active participant

Tbc Retail Group, Inc.'s 2022 employer contribution ran below the $3,449 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$162,127 · 0.30%
2022$229,964 · 0.26%
Similar plansRetail Trade · Florida
Gate Petroleum Company FL$101.2M · 0.08%
Morse Operations Inc. FL$98.5M · 0.31%
City Furniture FL$77.5M · 0.15%
Braman Motors, Inc. FL$66.6M · 0.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 591823826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.