Plan Ledger DOL Form 5500 · updated monthly

Tiber Capital Group LLC401(k)

TIBER CAPITAL GROUP LLC 401(K) PROFIT SHARING PLAN AND TRUST · CAPITOL HEIGHTS, MD · plan year 2023

Reported admin expense ratio · 2023
2.19%

Tiber Capital Group LLC reported $54,719 in plan administrative expenses for 2023: 2.19% of average plan assets, higher than ~90% of peers. 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 1.57% to 2.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,466th of 1,671), and 10,635th of 11,654 in professional & technical services. active participation has shrunk from 411 to 134 since 2022.

Plan summary
Net assets, end of year$2,746,620
Participants with balances407
Active participants134
Employer contributions—
Employee contributions$762,573
Employer contribution per active participant—
Average account balance$6,748
Benefits paid to participants$683,327
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$2.7M · 407 accts
2022$2.3M · 554 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$42,353
Investment management$12,366
Total administrative$54,719
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
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$29,540
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$12,813
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$12,366

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history3
2024Not separately reported
2023$54,719 · 2.19%
2022$26,615 · 1.57%
Same employer
Similar plansProfessional & Technical Services · Maryland
Linchpin Solutions, Inc. MD$3.0M · 0.13%
Ivaal Solutions LLC MD$2.9M · 0.31%
Applied Software, Inc. MD$2.6M · 0.51%
Livanta LLC MD$2.6M · 0.88%
Systems Integration, Inc. MD$2.5M · 1.02%
Accompany Health MD$2.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832250098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.