Plan Ledger DOL Form 5500 · updated monthly

Tgf Management Group Holdco Inc.401(k)

TGF MANAGEMENT GROUP 401(K) PLAN · LONG BEACH, CA · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

Tgf Management Group Holdco Inc. reported $87,508 in plan administrative expenses for 2023: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,018 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 1 year on file its reported administrative ratio rose from 0.44% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 3,765th-largest of 9,483 plans among California employers on file, and the 768th of 2,677 in transportation & warehousing. In 2023, employees put in $4.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,009,028
Participants with balances273
Active participants134
Employer contributions$270,427
Employee contributions$1,166,016
Employer contribution per active participant$2,018
Average account balance$69,630
Benefits paid to participants$2,583,477
Plan auditUnmodified (clean) audit opinion
AuditorMSPC, CERTIFIED PUBLIC ACCOUNTANTS
Plan history2
Yearassets · accounts · employer contribution
2023$19.0M · 273 accts · $270K emplr
2022$17.6M · 304 accts · $110K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,704
Investment management$52,804
Audit (IQPA)$10,000
Total administrative$87,508
The Tgf Management Group Holdco Inc. 401(k) match · 2023
Employer contribution per active participant$2,018
Median for plans this size$2,440
2023$2,018 per active participant
2022$652 per active participant

Tgf Management Group Holdco 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 · 20233
ANTHEM FINANCIAL SERVICES · Investment advisory (plan)$50,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,704
MSPC, CERTIFIED PUBLIC ACCOUNTANTS · Accounting / audit$10,000

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

Administrative cost history2
2023$87,508 · 0.48%
2022$89,717 · 0.44%
Similar plansTransportation & Warehousing · California
Stanley G. Alexander, Inc. CA$19.4M · 0.06%
Ozark Trucking Inc. CA$18.9M · 0.22%
Weber Distribution, LLC CA$18.7M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262180750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.