Plan Ledger DOL Form 5500 · updated monthly

Tgm Associates L.P.401(k)

TGM ASSOCIATES, L. P. 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.67%

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

Tgm Associates L.P. reported $62,665 in plan administrative expenses for 2023: 0.67% of average plan assets, above the peer median. Employer contributions averaged $937 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 has held roughly steady near 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (3,573rd of 5,648), and 1,098th of 2,096 in real estate & leasing. In 2023, employees put in $4.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,227,111
Participants with balances209
Active participants241
Employer contributions$225,906
Employee contributions$947,325
Employer contribution per active participant$937
Average account balance$48,934
Benefits paid to participants$748,242
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $112K emplr
2023$10.2M · 209 accts · $226K emplr
2022$8.4M · 211 accts · $214K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,229
Investment management$36,436
Total administrative$62,665
The Tgm Associates L.P. 401(k) match · 2023
Employer contribution per active participant$937
Median for plans this size$1,308
2023$937 per active participant
2022$936 per active participant

Tgm Associates L.P.'s 2023 employer contribution ran below the $1,308 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 · 20232
AMERITAS LIFE INSURANCE CORP OF NY · Recordkeeping · Loan processing$26,229
CREATIVE PLANNING LLC · Investment advisory (participants)$36,436

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

Administrative cost history3
2024Not separately reported
2023$62,665 · 0.67%
2022$59,180 · 0.66%
Same employer
Similar plansReal Estate & Leasing · New York
Extell Development Company NY$11.1M · 0.22%
Akam Living Services, Inc. NY$10.6M · 0.69%
Rochester Management, Inc. NY$10.5M · 0.19%
Tvr Communications LLC NY$8.9M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133613029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.