Plan Ledger DOL Form 5500 · updated monthly

Tecta America Corp.401(k)

TECTA AMERICA CORP. PROFIT SHARING AND 401(K) PLAN · ROSEMONT, IL · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Tecta America Corp. reported $378,950 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $1,212 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 0.20% to 0.22%. 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 354th-largest of 3,702 plans among Illinois employers on file, and the 364th of 5,337 in construction. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$188,836,067
Participants with balances2,260
Active participants3,848
Employer contributions$4,664,243
Employee contributions$11,628,290
Employer contribution per active participant$1,212
Average account balance$83,556
Benefits paid to participants$18,426,285
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$188.8M · 2,260 accts · $4.7M emplr
2023$162.2M · 2,212 accts · $4.2M emplr
2022$136.5M · 2,194 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$285,966
Investment management$92,984
Total administrative$378,950
The Tecta America Corp. 401(k) match · 2024
Employer contribution per active participant$1,212
Median for plans this size$3,635
2024$1,212 per active participant
2023$1,128 per active participant
2022$1,023 per active participant

Tecta America Corp.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$299,991
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$92,984

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$378,950 · 0.22%
2023$297,190 · 0.20%
2022$293,562 · 0.20%
Same employer
Similar plansConstruction · Illinois
Morton Buildings, Inc. IL$211.2M · 0.07%
The Pepper Companies, Inc. IL$164.6M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841505685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.