Plan Ledger DOL Form 5500 · updated monthly

Tfo Tech Company LTD.401(k)

TFO TECH COMPANY LTD. SAVINGS INCENTIVE PLAN · JEFFERSONVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Tfo Tech Company LTD. reported $19,401 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,349 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 0.07% to 0.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,972nd of 3,295), and 8,678th of 13,661 in manufacturing. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 113 to 131 since 2022.

Plan summary
Net assets, end of year$10,221,154
Participants with balances131
Active participants131
Employer contributions$176,671
Employee contributions$297,883
Employer contribution per active participant$1,349
Average account balance$78,024
Benefits paid to participants$260,852
Plan auditUnmodified (clean) audit opinion
AuditorMANNING & ASSOCIATES CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 131 accts · $177K emplr
2023$8.5M · 141 accts · $158K emplr
2022$7.0M · 131 accts · $135K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,401
Total administrative$19,401
The Tfo Tech Company LTD. 401(k) match · 2024
Employer contribution per active participant$1,349
Median for plans this size$1,313
2024$1,349 per active participant
2023$1,424 per active participant
2022$1,196 per active participant

Tfo Tech Company LTD.'s 2024 employer contribution ran above 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 · 20241
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$19,401

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$19,401 · 0.21%
2023$14,396 · 0.19%
2022$5,857 · 0.07%
Same employer
Similar plansManufacturing · Ohio
Industry Products Company OH$10.5M · 0.02%
Chromascape Inc. OH$10.4M · 0.78%
Jsw Steel USA Ohio, Inc. OH$10.3M · 0.71%
Canton Drop Forge, Inc. OH$10.2M · 0.03%
Hirschvogel, Inc. OH$10.2M · 0.72%
Hf Group LLC OH$10.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311240705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.