Plan Ledger DOL Form 5500 · updated monthly

Timac Agro USA, Inc.401(k)

TIMAC AGRO USA, INC. 401(K) PLAN · READING, PA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Timac Agro USA, Inc. reported $43,277 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $1,518 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 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,363rd of 3,651), and 3,019th of 4,246 in wholesale trade. In 2024, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,288,316
Participants with balances145
Active participants173
Employer contributions$262,662
Employee contributions$815,074
Employer contribution per active participant$1,518
Average account balance$64,057
Benefits paid to participants$924,186
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 145 accts · $263K emplr
2023$7.9M · 138 accts · $281K emplr
2022$5.8M · 131 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,460
Investment management$25,817
Total administrative$43,277
The Timac Agro USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,518
Median for plans this size$1,313
2024$1,518 per active participant
2023$1,676 per active participant
2022$1,533 per active participant

Timac Agro USA, Inc.'s 2024 employer contribution ran above the $1,313 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.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$17,460
NORTHEAST FINANCIAL GROUP, INC. · Investment advisory (plan)$25,817

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$43,277 · 0.50%
2023$35,390 · 0.52%
2022$30,341 · 0.51%
Same employer
Similar plansWholesale Trade · Pennsylvania
Gerard Daniel Worldwide PA$10.2M · 0.48%
Agriteer LLC PA$9.9M · 0.05%
Tura, Inc. PA$9.9M · 0.48%
Genus Lifesciences Inc. PA$9.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233013181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.