Plan Ledger DOL Form 5500 · updated monthly

Thies & Talle Management, Inc.401(k)

THIES & TALLE MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN · CHANHASSEN, MN · plan year 2022

Employer contribution per participant · 2022
$625

Thies & Talle Management, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $8,175,256 across 85 participant accounts, with employer contributions averaging $625 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Minnesota (1,402nd of 1,918), and 1,242nd of 2,096 in real estate & leasing. In 2022, employees put in $3.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,175,256
Participants with balances85
Active participants157
Employer contributions$98,178
Employee contributions$382,580
Employer contribution per active participant$625
Average account balance$96,179
Benefits paid to participants$243,601
Plan auditUnmodified (clean) audit opinion
The Thies & Talle Management, Inc. 401(k) match · 2022
Employer contribution per active participant$625
Median for plans this size$1,114

Thies & Talle Management, Inc.'s 2022 employer contribution ran below the $1,114 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.

Same employer
Similar plansReal Estate & Leasing · Minnesota
Grace Management, Inc. MN$10.5M · 0.98%
Doran Companies LLC MN$9.9M · 0.03%
Roers Companies MN$8.9M · 0.77%
Collopy Real Estate, Inc. MN$6.5M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411510139 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.