Plan Ledger DOL Form 5500 · updated monthly

Tharanco Group, Inc.401(k)

THARANCO GROUP, INC. 401(K) PLAN · SECAUCUS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Tharanco Group, Inc. reported $58,701 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.451%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,297th of 2,419), and 2,461st of 4,246 in wholesale trade. active participation has grown from 157 to 333 since 2022.

Plan summary
Net assets, end of year$14,064,293
Participants with balances212
Active participants333
Employer contributions$0
Employee contributions$1,101,559
Employer contribution per active participant$0
Average account balance$66,341
Benefits paid to participants$596,566
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 212 accts
2023$12.0M · 188 accts
2022$10.4M · 148 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,678
Investment management$32,023
Total administrative$58,701
The Tharanco Group, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Tharanco Group, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$28,427
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,678

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$58,701 · 0.45%
2023$49,157 · 0.44%
2022$50,958 · 0.45%
All plans at this employer2
THARANCO GROUP, INC. 401(K) PLAN401(k)
THARANCO GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansWholesale Trade · New Jersey
Gma Accessories Inc. NJ$14.6M · 0.65%
Rugsusa, LLC NJ$14.5M · 0.36%
Alden Leeds, Inc. NJ$14.4M · 0.58%
Alice and Olivia, LLC NJ$13.6M · 0.69%
Spiral Binding LLC NJ$13.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472283185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.