What are the fees in the Tcf Financial Corporation 401(k) plan?

For plan year 2022, Tcf Financial Corporation reported $508,330 in plan administrative expenses, or 0.11% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Tcf Financial Corporation 401(k)?

The average participant account balance was $60,284 for plan year 2022, based on 5,252 accounts.

Tcf Financial Corporation401(k) + ESOP (KSOP)

Name: Tcf Financial Corporation 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

TCF 401K PLAN · PLYMOUTH, MN · plan year 2022

Reported admin expense ratio · 2022

0.11%

Tcf Financial Corporation reported $508,330 in plan administrative expenses for 2022: 0.11% of average plan assets, above the peer median. 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.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other finance & insurance employers. By assets it is the 119th-largest of 1,918 plans among Minnesota employers on file, and the 430th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$316,611,581
Participants with balances5,252
Active participants7
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$60,284
Benefits paid to participants$189,001,914
Plan auditUnmodified (clean) audit opinion
AuditorARY ROEPCKE MUCHAEY P.C.

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$376,880

Investment management$21,450

Professional / advisory$110,000

Total administrative$508,330

What these fees cost you

Your balance

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 history1

2022$508,330 · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382022454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.