What are the fees in the Tmc Workforce Solutions, Inc 401(k) plan?

For plan year 2022, Tmc Workforce Solutions, Inc reported $684 in plan administrative expenses, or 0.28% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Tmc Workforce Solutions, Inc 401(k)?

The average participant account balance was $13,554 for plan year 2022, based on 15 accounts.

Tmc Workforce Solutions, Inc401(k)

Name: Tmc Workforce Solutions, Inc 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

TMC WORKFORCE SOLUTIONS, INC. 401(K) PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022

0.28%

Tmc Workforce Solutions, Inc reported $684 in plan administrative expenses for 2022: 0.28% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (5,594th of 5,688), and 2,436th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$203,311
Participants with balances15
Active participants126
Employer contributions—
Employee contributions$46,102
Employer contribution per active participant—
Average account balance$13,554
Benefits paid to participants$58,192
Plan auditUnmodified (clean) audit opinion
AuditorABIP

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$684 · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813867328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.