Plan Ledger DOL Form 5500 · updated monthly

Tedia Company, Inc.401(k)

TEDIA COMPANY, INC. 401(K) PLAN · FAIRFIELD, OH · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Tedia Company, Inc. reported $10,433 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,933 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 0.14% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,352nd of 3,295), and 10,396th of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has shrunk from 111 to 82 since 2022.

Plan summary
Net assets, end of year$6,557,393
Participants with balances119
Active participants82
Employer contributions$240,517
Employee contributions$433,915
Employer contribution per active participant$2,933
Average account balance$55,104
Benefits paid to participants$2,435,195
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG & CO., LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 119 accts · $241K emplr
2023$6.4M · 119 accts · $249K emplr
2022$5.7M · 126 accts · $280K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,433
Total administrative$10,433
The Tedia Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,933
Median for plans this size$1,313
2024$2,933 per active participant
2023$2,863 per active participant
2022$2,526 per active participant

Tedia Company, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$7,533
CREATIVE RETIREMENT SYSTEMS, INC. · Contract administrator · Other services$2,900
SBHU LIFE AGENCY · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$10,433 · 0.16%
2023$10,976 · 0.18%
2022$8,717 · 0.14%
Same employer
Similar plansManufacturing · Ohio
Venture Plastics, Inc. OH$6.7M · 0.56%
Brightpet Opf Buyer, Inc. OH$6.6M · 0.61%
Meyer Products, LLC OH$6.5M · 0.75%
H & M Metal Processing OH$6.5M · 0.21%
Pgi Holdings, LLC OH$6.5M · 0.42%
Ridge Corporation OH$6.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310842426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.