Plan Ledger DOL Form 5500 · updated monthly

Tjc Mortgage, Inc.401(k)

MORTGAGERIGHT 401(K) PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Tjc Mortgage, Inc. reported $33,914 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,883 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 0.336%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 438th-largest of 902 plans among Alabama employers on file, and the 420th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,121,111
Participants with balances132
Active participants173
Employer contributions$325,768
Employee contributions$775,416
Employer contribution per active participant$1,883
Average account balance$84,251
Benefits paid to participants$643,322
Plan auditUnmodified (clean) audit opinion
AuditorSMITH + HOWARD, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 132 accts · $326K emplr
2023$9.1M · 170 accts · $388K emplr
2022$7.0M · 164 accts · $575K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,914
Total administrative$33,914
The Tjc Mortgage, Inc. 401(k) match · 2024
Employer contribution per active participant$1,883
Median for plans this size$2,416
2024$1,883 per active participant
2023$1,875 per active participant
2022$3,058 per active participant

Tjc Mortgage, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
T. ROWE PRICE TRUST COMPANY · Accounting / audit · Recordkeeping$33,914

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$33,914 · 0.34%
2023$26,758 · 0.33%
2022$22,243 · 0.34%
Same employer
Similar plansAgriculture, Forestry & Fishing · Alabama
Flowerwood Nursery, Inc. AL$14.6M · 0.66%
Ingram Farms, Inc. AL$2.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753197409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.