Plan Ledger DOL Form 5500 · updated monthly

Tlc Engineering Solutions, Inc.401(k)

TLC ENGINEERING SOLUTIONS, INC., SAVINGS PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Tlc Engineering Solutions, Inc. reported $27,575 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,042 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 0.02% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 347th-largest of 3,644 plans among Florida employers on file, and the 1,648th of 11,654 in professional & technical services. In 2024, employees put in $2.73 for every $1.00 the employer contributed; active participation has grown from 451 to 527 since 2022.

Plan summary
Net assets, end of year$90,936,413
Participants with balances688
Active participants527
Employer contributions$2,130,113
Employee contributions$5,811,048
Employer contribution per active participant$4,042
Average account balance$132,175
Benefits paid to participants$4,883,019
Plan auditUnmodified (clean) audit opinion
AuditorVESTAL & WILER CPA
Plan history3
Yearassets · accounts · employer contribution
2024$90.9M · 688 accts · $2.1M emplr
2023$74.9M · 615 accts · $1.8M emplr
2022$64.7M · 578 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,465
Investment management$24,360
Total administrative$27,575
The Tlc Engineering Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$4,042
Median for plans this size$3,635
2024$4,042 per active participant
2023$3,741 per active participant
2022$2,813 per active participant

Tlc Engineering Solutions, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
REHMANN$24,360

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$27,575 · 0.03%
2023$2,945 · 0.00%
2022$11,115 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Florida
First Federal Bank FL$92.9M · 0.47%
Kaufman, Rossin & Co., P.A. FL$91.8M · 0.24%
Greenspoon Marder, LLP FL$89.2M · 0.12%
Mphasis Corporation FL$85.0M · 0.70%
Schellman Compliance, LLC FL$83.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591228645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.