Plan Ledger DOL Form 5500 · updated monthly

Tkl Research Inc.401(k)

THE TKL PROFIT SHARING & 401K SAVINGS PLAN · FAIR LAWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Tkl Research Inc. reported $69,843 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $788 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 0.88% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,117th-largest of 2,419 plans among New Jersey employers on file, and the 1,126th of 3,341 in other services. In 2024, employees put in $6.32 for every $1.00 the employer contributed; active participation has shrunk from 157 to 124 since 2022.

Plan summary
Net assets, end of year$18,237,285
Participants with balances201
Active participants124
Employer contributions$97,765
Employee contributions$618,226
Employer contribution per active participant$788
Average account balance$90,733
Benefits paid to participants$1,827,626
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN ST. AMOUR CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 201 accts · $98K emplr
2023$16.6M · 212 accts · $100K emplr
2022$13.8M · 220 accts · $244K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,843
Total administrative$69,843
The Tkl Research Inc. 401(k) match · 2024
Employer contribution per active participant$788
Median for plans this size$2,416
2024$788 per active participant
2023$656 per active participant
2022$1,557 per active participant

Tkl Research 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.

Administrative cost history3
2024$69,843 · 0.40%
2023$71,434 · 0.47%
2022$142,976 · 0.88%
Similar plansOther Services · New Jersey
Sea Box, Inc. NJ$21.0M · 0.42%
McCann Systems LLC NJ$14.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132772839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.