Plan Ledger DOL Form 5500 · updated monthly

Tk Services, Inc.401(k)

SONSRAY 401(K) PROFIT SHARING PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Tk Services, Inc. reported $105,586 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,174 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 fell from 0.36% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,319th-largest of 9,483 plans among California employers on file, and the 3,947th of 13,661 in manufacturing. In 2024, employees put in $5.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,030,889
Participants with balances685
Active participants618
Employer contributions$725,631
Employee contributions$4,046,814
Employer contribution per active participant$1,174
Average account balance$52,600
Benefits paid to participants$3,334,348
Plan auditUnmodified (clean) audit opinion
AuditorGREEN HASSON & JANKS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$36.0M · 685 accts · $726K emplr
2023$30.1M · 683 accts · $631K emplr
2022$24.0M · 665 accts · $438K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,586
Investment management$20,000
Total administrative$105,586
The Tk Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,174
Median for plans this size$2,416
2024$1,174 per active participant
2023$1,132 per active participant
2022$762 per active participant

Tk Services, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$85,586
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,000

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$105,586 · 0.32%
2023$89,536 · 0.33%
2022$88,692 · 0.36%
Similar plansManufacturing · California
Aja Video Systems, Inc. CA$36.1M · 0.27%
Stratolaunch, LLC CA$36.1M · 0.11%
Grass Valley USA, LLC CA$36.0M · 0.16%
All One God Faith, Inc. CA$35.5M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542086366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.