Plan Ledger DOL Form 5500 · updated monthly

Terminal Investment Corporation401(k)

TICO 401(K) RETIREMENT SAVINGS PLAN · SAVANNAH, GA · plan year 2024

Reported admin expense ratio · 2024
1.32%

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

Terminal Investment Corporation reported $126,641 in plan administrative expenses for 2024: 1.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $996 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 0.84% to 1.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Georgia (1,213th of 2,160), and 1,071st of 2,096 in real estate & leasing. In 2024, employees put in $2.82 for every $1.00 the employer contributed; active participation has grown from 305 to 491 since 2022.

Plan summary
Net assets, end of year$10,630,828
Participants with balances670
Active participants491
Employer contributions$489,124
Employee contributions$1,377,656
Employer contribution per active participant$996
Average account balance$15,867
Benefits paid to participants$872,365
Plan auditUnmodified (clean) audit opinion
AuditorDABBS, HICKMAN, HILL & CANNON, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 670 accts · $489K emplr
2023$8.5M · 476 accts · $433K emplr
2022$6.6M · 459 accts · $335K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,641
Total administrative$126,641
The Terminal Investment Corporation 401(k) match · 2024
Employer contribution per active participant$996
Median for plans this size$1,313
2024$996 per active participant
2023$1,174 per active participant
2022$1,098 per active participant

Terminal Investment Corporation's 2024 employer contribution ran below the $1,313 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 · 20244
VOYA RETIREMENT INS AND ANNUITY CO · Investment advisory (participants)$463
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$41
CAPFINANCIAL PARTNERS LLCindirect comp
THE RETIREMENT ADVANTAGE, INC · Other servicesindirect 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$126,641 · 1.32%
2023$91,029 · 1.20%
2022$59,354 · 0.84%
Same employer
Similar plansReal Estate & Leasing · Georgia
Safeguard Operations, LLC GA$12.5M · 0.44%
Mansermar, Inc. GA$11.1M · 0.23%
The Integral Group, LLC GA$10.6M · 1.02%
Resicap Payroll LLC GA$10.2M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 586015509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.