Plan Ledger DOL Form 5500 · updated monthly

Tfc, Inc.401(k)

TFC, INC. 401(K) PLAN · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Tfc, Inc. reported $149,295 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $2,042 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 3 years on file its reported administrative ratio has held roughly steady near 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 37th-largest of 279 plans among North Dakota employers on file, and the 438th of 5,215 in retail trade. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 837 to 1,340 since 2022.

Plan summary
Net assets, end of year$81,581,557
Participants with balances1,499
Active participants1,340
Employer contributions$2,736,948
Employee contributions$6,761,438
Employer contribution per active participant$2,042
Average account balance$54,424
Benefits paid to participants$5,592,034
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$81.6M · 1,499 accts · $2.7M emplr
2023$66.6M · 1,379 accts · $2.6M emplr
2022$50.5M · 1,307 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$149,295
Total administrative$149,295
The Tfc, Inc. 401(k) match · 2024
Employer contribution per active participant$2,042
Median for plans this size$3,635
2024$2,042 per active participant
2023$2,058 per active participant
2022$2,894 per active participant

Tfc, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241
BELL BANK · Recordkeeping · Trustee$149,295

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

Recordkeeper by year2
2024BELL BANK
2023BELL BANK

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

Administrative cost history3
2024$149,295 · 0.20%
2023$127,675 · 0.22%
2022$95,097 · 0.21%
Same employer
Similar plansRetail Trade · North Dakota
Scheels All Sports, Inc. ND$963.0M · 0.00%
Titan Machinery, Inc. ND$248.9M · 0.10%
W. W. Wallwork, Inc. ND$51.1M · 0.21%
Acme Electric Motor, Inc ND$36.0M · 0.29%
True North Equipment Co. ND$24.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450361974 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.