Plan Ledger DOL Form 5500 · updated monthly

Tforce Holdings USA, Inc.401(k)

TFORCE HOLDINGS USA, INC. 401(K) PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Tforce Holdings USA, Inc. reported $512,576 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $932 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 0.30% to 0.19%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 121st-largest of 2,266 plans among Virginia employers on file, and the 126th of 2,677 in transportation & warehousing. In 2024, employees put in $3.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$276,433,614
Participants with balances4,136
Active participants5,574
Employer contributions$5,194,937
Employee contributions$18,273,637
Employer contribution per active participant$932
Average account balance$66,836
Benefits paid to participants$40,852,596
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$276.4M · 4,136 accts · $5.2M emplr
2023$251.3M · 3,480 accts · $2.2M emplr
2022$122.7M · 3,759 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$288,726
Investment management$65,197
Audit (IQPA)$36,330
Total administrative$512,576
The Tforce Holdings USA, Inc. 401(k) match · 2024
Employer contribution per active participant$932
Median for plans this size$4,294
2024$932 per active participant
2023$724 per active participant
2022$606 per active participant

Tforce Holdings USA, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. 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 · 20246
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$288,725
MARSH & MCLENNAN COMPANIES, INC. · Consulting$91,409
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$65,197
CLIFTONLARSONALLEN LLP · Accounting / audit$36,330
MERCER INVESTMENTS LLC · Consulting$23,072
SMITH GAMBRELL & RUSSELL LLP · Legal$7,842

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$512,576 · 0.19%
2023$444,483 · 0.24%
2022$385,818 · 0.30%
All plans at this employer2
TFORCE HOLDINGS USA, INC. 401(K) PLAN401(k)
TFORCE FREIGHT 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansTransportation & Warehousing · Virginia
Estes Express Lines VA$866.1M · 0.15%
Schenker, Inc VA$464.9M · 0.22%
Cma Cgm (America) LLC VA$332.7M · 0.08%
Tforce Freight, Inc VA$164.4M · 0.47%
Estes Express Lines VA$161.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 331221977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.