Plan Ledger DOL Form 5500 · updated monthly

Tc Construction Company, Inc.401(k)

TC CONSTRUCTION COMPANY, INC. RETIREMENT SAVINGS PLAN · SANTEE, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Tc Construction Company, Inc. reported $145,184 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $11,012 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 0.22% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 1,492nd-largest of 9,483 plans among California employers on file, and the 901st of 5,337 in construction. In 2024, the employer put in $6.65 for every $1.00 employees contributed themselves; active participation has grown from 207 to 249 since 2022.

Plan summary
Net assets, end of year$61,858,047
Participants with balances1,308
Active participants249
Employer contributions$2,742,083
Employee contributions$412,150
Employer contribution per active participant$11,012
Average account balance$47,292
Benefits paid to participants$3,027,886
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.9M · 1,308 accts · $2.7M emplr
2023$56.0M · 1,290 accts · $2.3M emplr
2022$47.2M · 1,292 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,229
Investment management$96,955
Total administrative$145,184
The Tc Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$11,012
Median for plans this size$3,635
2024$11,012 per active participant
2023$10,630 per active participant
2022$12,297 per active participant

Tc Construction Company, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
BENECO SYSTEMS, LLC · Participant communication · Trustee (discretionary)$145,184

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BENECO SYSTEMS, LLC
2023BENECO SYSTEMS, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$145,184 · 0.25%
2023$108,897 · 0.21%
2022$111,068 · 0.22%
Same employer
Similar plansConstruction · California
Plant/Allison Corporation CA$60.3M · 0.11%
Reed Family Companies CA$60.1M · 0.35%
Bernards Bros. Inc. CA$58.6M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 953646005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.