Plan Ledger DOL Form 5500 · updated monthly

Tcps, Inc.401(k)

TCPS, INC. 401(K) PLAN · LANHAM, MD · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Tcps, Inc. reported $72,354 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,047 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 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 708th-largest of 1,671 plans among Maryland employers on file, and the 1,635th of 5,215 in retail trade. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 454 to 289 since 2022.

Plan summary
Net assets, end of year$17,892,144
Participants with balances234
Active participants289
Employer contributions$591,533
Employee contributions$1,215,149
Employer contribution per active participant$2,047
Average account balance$76,462
Benefits paid to participants$1,440,182
Plan auditUnmodified (clean) audit opinion
AuditorMULLEN, SONDBERG, WIMBISH & STONE,
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 234 accts · $592K emplr
2023$15.5M · 223 accts · $633K emplr
2022$15.4M · 272 accts · $750K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,785
Investment management$34,569
Total administrative$72,354
The Tcps, Inc. 401(k) match · 2024
Employer contribution per active participant$2,047
Median for plans this size$2,416
2024$2,047 per active participant
2023$1,955 per active participant
2022$1,653 per active participant

Tcps, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$37,785
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$34,569

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$72,354 · 0.43%
2023$68,820 · 0.45%
2022$71,684 · 0.44%
Same employer
Similar plansRetail Trade · Maryland
Sport Chevrolet Company LLC MD$17.5M · 0.75%
Cabinet Discounters, Inc. MD$17.4M · 0.20%
Brandywine Auto Parts, Inc. MD$15.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271467110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.