Plan Ledger DOL Form 5500 · updated monthly

Titan Modular Systems, Inc.401(k)

TITAN MODULAR, SPARTAN CARGO 401(K) RETIREMENT PLAN · ALMA, GA · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Titan Modular Systems, Inc. reported $22,466 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $470 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 0.07% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,774th of 2,160), and 12,016th of 13,661 in manufacturing. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has shrunk from 1,197 to 731 since 2022.

Plan summary
Net assets, end of year$3,496,635
Participants with balances130
Active participants731
Employer contributions$343,675
Employee contributions$462,702
Employer contribution per active participant$470
Average account balance$26,897
Benefits paid to participants$302,675
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 130 accts · $344K emplr
2023$2.7M · 132 accts · $293K emplr
2022$1.8M · 121 accts · $247K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,265
Investment management$7,201
Total administrative$22,466
The Titan Modular Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$470
Median for plans this size$1,313
2024$470 per active participant
2023$354 per active participant
2022$206 per active participant

Titan Modular Systems, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
CARTER THOMPSON INC · Investment advisory (plan)$6,943
UNITED OF OMAHA$1,700

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$22,466 · 0.73%
2023$800 · 0.04%
2022$1,300 · 0.07%
Similar plansManufacturing · Georgia
Frey-Moss Structures Inc. GA$4.1M · 0.55%
Thrush Aircraft, LLC GA$3.4M · 0.12%
Thomson Plastics, Inc. GA$3.3M · 1.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460843552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.