Plan Ledger DOL Form 5500 · updated monthly

Tfc Manufacturing, Inc.401(k)

TFC MANUFACTURING, INC. RETIREMENT PLAN · LAKEWOOD, CA · plan year 2022

Reported admin expense ratio · 2022
0.25%

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

Tfc Manufacturing, Inc. reported $8,509 in plan administrative expenses for 2022: 0.25% of average plan assets, below the peer median. Employer contributions averaged $692 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,731st of 9,483), and 12,148th of 13,661 in manufacturing. In 2022, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,242,102
Participants with balances91
Active participants149
Employer contributions$103,066
Employee contributions$241,821
Employer contribution per active participant$692
Average account balance$35,627
Benefits paid to participants$109,288
Plan auditUnmodified (clean) audit opinion
AuditorBAS PARTNERS LLC
Administrative expenses, itemized · 2022
Professional / advisory$8,509
Total administrative$8,509
The Tfc Manufacturing, Inc. 401(k) match · 2022
Employer contribution per active participant$692
Median for plans this size$1,114

Tfc Manufacturing, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,509 · 0.25%
Similar plansManufacturing · California
Xos Fleet, Inc. CA$3.3M · 0.27%
Bitdeer Inc CA$3.2M · 0.27%
S&E Gourmet Cuts, Inc. CA$3.2M · 0.08%
Ambiance Apparel CA$3.2M · 0.29%
White Labs CA$3.2M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911951857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.