Plan Ledger DOL Form 5500 · updated monthly

Tidel Engineering LP401(k)

TIDEL ENGINEERING, LP 401(K) PLAN · CARROLLTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Tidel Engineering LP reported $108,244 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,619 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 fell from 0.84% to 0.53%. 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 the 1,772nd-largest of 5,688 plans among Texas employers on file, and the 1,615th of 4,246 in wholesale trade. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has grown from 298 to 454 since 2022.

Plan summary
Net assets, end of year$24,356,741
Participants with balances501
Active participants454
Employer contributions$734,832
Employee contributions$1,864,022
Employer contribution per active participant$1,619
Average account balance$48,616
Benefits paid to participants$4,087,708
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 501 accts · $735K emplr
2023$16.8M · 340 accts · $525K emplr
2022$13.1M · 305 accts · $537K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,244
Total administrative$108,244
The Tidel Engineering LP 401(k) match · 2024
Employer contribution per active participant$1,619
Median for plans this size$2,416
2024$1,619 per active participant
2023$1,749 per active participant
2022$1,803 per active participant

Tidel Engineering LP's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$108,244 · 0.53%
2023$127,391 · 0.85%
2022$120,108 · 0.84%
Same employer
Similar plansWholesale Trade · Texas
Boedeker Plastics Inc. TX$25.7M · 0.30%
Star Pipe Products, LTD. TX$25.7M · 0.37%
Otc Global Holdings, LP TX$25.7M · 0.25%
Litex Industries, Inc. TX$24.8M · 0.06%
Pss Holdings, LLC TX$24.2M · 0.35%
Omega Acquisition Corp TX$23.6M · 0.15%
The Clampitt Companies, LLC TX$23.0M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 204174332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.