Plan Ledger DOL Form 5500 · updated monthly

Tishcon Corp.401(k)

TISHCON CORP. 401(K) PLAN · SALISBURY, MD · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

Tishcon Corp. reported $73,584 in plan administrative expenses for 2023: 0.36% of average plan assets, above the peer median. Employer contributions averaged $524 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 0.36% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 605th-largest of 1,671 plans among Maryland employers on file, and the 5,532nd of 13,661 in manufacturing. In 2023, employees put in $9.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,211,307
Participants with balances272
Active participants305
Employer contributions$159,686
Employee contributions$1,445,724
Employer contribution per active participant$524
Average account balance$81,659
Benefits paid to participants$1,875,164
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 291 accts · $75K emplr
2023$22.2M · 272 accts · $160K emplr
2022$18.8M · 259 accts · $183K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$73,584
Total administrative$73,584
The Tishcon Corp. 401(k) match · 2023
Employer contribution per active participant$524
Median for plans this size$2,440
2024$234 per active participant
2023$524 per active participant
2022$610 per active participant

Tishcon Corp.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$73,583
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$85,470 · 0.39%
2023$73,584 · 0.36%
2022$74,426 · 0.36%
Same employer
Similar plansManufacturing · Maryland
Webb-Mason, LLC MD$27.0M · 0.27%
Wm. T. Burnett Holding LLC MD$25.7M · 0.50%
G & G Outfitters, Inc. MD$25.3M · 0.01%
Certis USA, LLC MD$24.5M · 0.04%
Fil-Tec, Inc. MD$21.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112432386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.