Plan Ledger DOL Form 5500 · updated monthly

Tierra, Inc.401(k)

TIERRA, INC. 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Tierra, Inc. reported $37,298 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $153,499 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 0.257%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,341st-largest of 3,644 plans among Florida employers on file, and 6,450th of 11,654 in professional & technical services. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has shrunk from 168 to 3 since 2022.

Plan summary
Net assets, end of year$15,543,287
Participants with balances147
Active participants3
Employer contributions$460,497
Employee contributions$1,037,837
Employer contribution per active participant$153,499
Average account balance$105,737
Benefits paid to participants$1,281,666
Plan auditUnmodified (clean) audit opinion
AuditorBELLA HERMIDA VALIENTE PA
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 147 accts · $460K emplr
2023$13.5M · 145 accts · $424K emplr
2022$10.8M · 136 accts · $384K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,634
Investment management$33,664
Total administrative$37,298
The Tierra, Inc. 401(k) match · 2024
Employer contribution per active participant$153,499
Median for plans this size$2,416
2024$153,499 per active participant
2023$2,466 per active participant
2022$2,285 per active participant

Tierra, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
WELLS FARGO · Recordkeeping · Trustee$33,664
ADP, INC. · Recordkeeping · Loan processing$3,633
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Wells Fargo
2023ADP, Wells Fargo

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$37,298 · 0.26%
2023$30,729 · 0.25%
2022$30,606 · 0.26%
Same employer
Similar plansProfessional & Technical Services · Florida
Shl Pharma, LLC FL$15.9M · 0.53%
Boats Group, LLC FL$15.7M · 0.32%
The Wilkes Firm, P.A. FL$15.3M · 0.22%
MI9 Inc. FL$15.2M · 0.32%
Kyra Solutions, Inc. FL$15.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593154723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.