Plan Ledger DOL Form 5500 · updated monthly

Tension Envelope Corporation401(k)

TENSION ENVELOPE CORPORATION 401(K) PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Tension Envelope Corporation reported $170,475 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,679 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 0.23% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 253rd-largest of 1,393 plans among Missouri employers on file, and the 2,453rd of 13,661 in manufacturing. In 2024, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,480,784
Participants with balances715
Active participants626
Employer contributions$1,051,188
Employee contributions$2,830,211
Employer contribution per active participant$1,679
Average account balance$98,575
Benefits paid to participants$6,851,552
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$70.5M · 715 accts · $1.1M emplr
2023$65.0M · 695 accts · $960K emplr
2022$56.2M · 669 accts · $844K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$170,475
Total administrative$170,475
The Tension Envelope Corporation 401(k) match · 2024
Employer contribution per active participant$1,679
Median for plans this size$3,635
2024$1,679 per active participant
2023$1,504 per active participant
2022$1,355 per active participant

Tension Envelope Corporation'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$170,264
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp
CREATIVE PLANNING, LLC · 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.

Administrative cost history3
2024$170,475 · 0.25%
2023$135,186 · 0.22%
2022$142,349 · 0.23%
Same employer
Similar plansManufacturing · Missouri
Brewer Science, Inc. MO$73.5M · 0.21%
Playpower, Inc. MO$72.5M · 0.52%
Vi-Jon, LLC MO$72.0M · 0.15%
Paul Mueller Company MO$69.8M · 0.18%
Buckeye International, Inc. MO$64.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221589367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.