Plan Ledger DOL Form 5500 · updated monthly

Tfe, Inc.401(k)

TFE, INC. 401(K) PROFIT SHARING PLAN AND TRUST · NORTH AUGUSTA, SC · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Tfe, Inc. reported $37,886 in plan administrative expenses for 2023: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,296 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 0.68% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 392nd-largest of 807 plans among South Carolina employers on file, and 7,412th of 11,654 in professional & technical services. In 2023, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,926,535
Participants with balances163
Active participants134
Employer contributions$307,682
Employee contributions$652,014
Employer contribution per active participant$2,296
Average account balance$73,169
Benefits paid to participants$2,501,121
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 187 accts · $369K emplr
2023$11.9M · 163 accts · $308K emplr
2022$11.5M · 155 accts · $332K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,886
Total administrative$37,886
The Tfe, Inc. 401(k) match · 2023
Employer contribution per active participant$2,296
Median for plans this size$2,440
2024$2,620 per active participant
2023$2,296 per active participant
2022$2,286 per active participant

Tfe, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
FIRST CITIZENS BANK AND TRUST CO · Investment advisory (plan)$30,000
FUTUREPLAN BY ASCENSUS · Contract administrator$7,365
EMPOWER ADVISOR GROUP · Investment management$368

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$56,848 · 0.49%
2023$37,886 · 0.32%
2022$84,463 · 0.68%
Same employer
Similar plansProfessional & Technical Services · South Carolina
Sib Midco, LLC SC$14.1M · 0.83%
Boomtown Roi, LLC SC$14.0M · 0.45%
Brandon Advertising, Inc. SC$13.4M · 0.46%
Synterra Corporation SC$11.4M · 0.27%
Human Technologies, Inc. SC$11.1M · 0.29%
Poly-Med, Inc. SC$10.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592928338 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.