Plan Ledger DOL Form 5500 · updated monthly

Tifco Industries, Inc.401(k)

TIFCO INDUSTRIES, INC. EMPLOYEES' 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Tifco Industries, Inc. reported $54,053 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $803 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 rose from 0.27% to 0.28%. 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 2,032nd-largest of 5,688 plans among Texas employers on file, and the 1,907th of 4,246 in wholesale trade. In 2024, employees put in $6.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,775,320
Participants with balances159
Active participants254
Employer contributions$203,934
Employee contributions$1,238,120
Employer contribution per active participant$803
Average account balance$124,373
Benefits paid to participants$1,799,816
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 159 accts · $204K emplr
2023$18.4M · 163 accts · $190K emplr
2022$15.8M · 167 accts · $161K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,071
Investment management$10,200
Total administrative$54,053
The Tifco Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$803
Median for plans this size$2,416
2024$803 per active participant
2023$782 per active participant
2022$681 per active participant

Tifco Industries, 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
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$19,071
BOKF NA · Investment advisory (plan)$10,200

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$54,053 · 0.28%
2023$44,861 · 0.26%
2022$49,209 · 0.27%
Same employer
Similar plansWholesale Trade · Texas
Avelo Airlines, Inc. TX$19.9M · 0.18%
Mannatech Incorporated TX$19.8M · 0.64%
M. Lipsitz & Co., LTD. TX$19.5M · 0.07%
R.E. Sweeney Company, Inc. TX$19.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741390895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.