Plan Ledger DOL Form 5500 · updated monthly

Tmco, Inc401(k)

TMCO, INC. 401(K) PROFIT SHARING PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Tmco, Inc reported $71,409 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,644 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 0.39%. 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 252nd-largest of 565 plans among Nebraska employers on file, and the 6,007th of 13,661 in manufacturing. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 178 to 204 since 2022.

Plan summary
Net assets, end of year$19,572,116
Participants with balances242
Active participants204
Employer contributions$743,455
Employee contributions$980,351
Employer contribution per active participant$3,644
Average account balance$80,877
Benefits paid to participants$1,334,524
Plan auditUnmodified (clean) audit opinion
AuditorRYAN + MANN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 242 accts · $743K emplr
2023$16.9M · 255 accts · $714K emplr
2022$15.5M · 244 accts · $574K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,409
Audit (IQPA)$12,000
Total administrative$71,409
The Tmco, Inc 401(k) match · 2024
Employer contribution per active participant$3,644
Median for plans this size$2,416
2024$3,644 per active participant
2023$3,738 per active participant
2022$3,225 per active participant

Tmco, Inc's 2024 employer contribution ran above 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 · 20242
UNION BANK & TRUST COMPANY · Claims processing · Recordkeeping$59,408
RYAN + MANN LLC · Accounting / audit$12,000

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

Recordkeeper by year2
2024UNION BANK & TRUST COMPANY
2023UNION BANK & TRUST COMPANY

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

Administrative cost history3
2024$71,409 · 0.39%
2023$73,273 · 0.45%
2022$66,430 · 0.38%
Same employer
Similar plansManufacturing · Nebraska
Global Industries, Inc. NE$31.1M · 0.36%
Elemental Scientific, Inc. NE$22.2M · 0.35%
Pce Inc NE$19.4M · 0.36%
Monolith Materials, Inc. NE$18.9M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 470609732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.