Plan Ledger DOL Form 5500 · updated monthly

Temeg Holdings, Inc.401(k)

TEMEG HOLDINGS, INC. RETIREMENT SAVINGS PLAN · HUDSON, OH · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Temeg Holdings, Inc. reported $66,992 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $540 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 0.57% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (1,808th of 3,295), and 2,660th of 4,246 in wholesale trade. In 2024, employees put in $6.36 for every $1.00 the employer contributed; active participation has grown from 300 to 342 since 2022.

Plan summary
Net assets, end of year$12,148,647
Participants with balances342
Active participants342
Employer contributions$184,830
Employee contributions$1,176,030
Employer contribution per active participant$540
Average account balance$35,522
Benefits paid to participants$344,526
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 342 accts · $185K emplr
2023$9.6M · 303 accts · $165K emplr
2022$7.3M · 280 accts · $76K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,813
Investment management$22,179
Total administrative$66,992
The Temeg Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$540
Median for plans this size$2,416
2024$540 per active participant
2023$526 per active participant
2022$253 per active participant

Temeg Holdings, Inc.'s 2024 employer contribution ran below the $2,416 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
VALMARK ADVISERS, INC. · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$66,992 · 0.62%
2023$51,053 · 0.60%
2022$43,073 · 0.57%
Same employer
Similar plansWholesale Trade · Ohio
Loth Holdings, LLC OH$12.8M · 0.54%
Phantom Administrative LLC OH$12.7M · 0.28%
Stagnaro Holdings, Inc. OH$11.6M · 0.93%
Cmpco Inc. OH$11.3M · 0.04%
Taylor Cadillac, Inc. OH$11.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273454290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.