Plan Ledger DOL Form 5500 · updated monthly

Tesco Management, Inc.401(k)

TESCO SITE EMPLOYEES 401(K) PLAN · GERMANTOWN, TN · plan year 2024

Reported admin expense ratio · 2024
1.56%

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

Tesco Management, Inc. reported $25,592 in plan administrative expenses for 2024: 1.56% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,128 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 fell from 1.68% to 1.56%. 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 Tennessee (1,344th of 1,496), and 1,894th of 2,096 in real estate & leasing. In 2024, employees put in $1.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,694,406
Participants with balances216
Active participants135
Employer contributions$152,324
Employee contributions$176,052
Employer contribution per active participant$1,128
Average account balance$7,844
Benefits paid to participants$369,719
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.7M · 216 accts · $152K emplr
2023$1.6M · 210 accts · $143K emplr
2022$1.4M · 203 accts · $136K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,352
Investment management$8,240
Total administrative$25,592
The Tesco Management, Inc. 401(k) match · 2024
Employer contribution per active participant$1,128
Median for plans this size$1,313
2024$1,128 per active participant
2023$1,153 per active participant
2022$1,027 per active participant

Tesco Management, Inc.'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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$7,972

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$25,592 · 1.56%
2023$23,749 · 1.61%
2022$28,336 · 1.68%
Similar plansReal Estate & Leasing · Tennessee
3-D Technology Group, LLC TN$2.6M · 0.07%
E.Z. Rentals, Inc. TN$1.1M · 1.55%
Relode Management LLC TN$1.0M · 0.51%
Onsite Fleet, LLC TN$511K · 1.02%
Clear Capital, LLC TN$27K · 3.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621781772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.