Plan Ledger DOL Form 5500 · updated monthly

Tissa Enterprises, Inc.401(k)

THE CONTRACTORS RETIREMENT PLAN · FREDERICK, MD · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Tissa Enterprises, Inc. reported $4,000 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,763 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,135th of 1,671), and 3,570th of 5,337 in construction. In 2023, the employer put in $1.46 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,112,556
Participants with balances95
Active participants65
Employer contributions$309,599
Employee contributions$212,420
Employer contribution per active participant$4,763
Average account balance$74,869
Benefits paid to participants$1,186,125
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$7.1M · 95 accts · $310K emplr
2022$6.8M · 104 accts · $516K emplr
Administrative expenses, itemized · 2023
Audit (IQPA)$4,000
Total administrative$4,000
The Tissa Enterprises, Inc. 401(k) match · 2023
Employer contribution per active participant$4,763
Median for plans this size$1,308
2023$4,763 per active participant
2022$6,067 per active participant

Tissa Enterprises, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$4,000 · 0.06%
2022Not separately reported
Similar plansConstruction · Maryland
Cda Incorporated MD$7.3M · 1.12%
Harvey W. Hottel Inc. MD$7.3M · 0.46%
Curbio Inc. MD$7.0M · 0.11%
Fence Connection, Inc. MD$6.8M · 0.40%
Aceco, LLC MD$6.2M · 0.05%
D & F Construction, Inc. MD$6.1M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522336717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.