Plan Ledger DOL Form 5500 · updated monthly

Tmed Holdings, Inc dba Charm Medical401(k)

CHARM MEDICAL SUPPLY RETIREMENT PLAN · PEMBROKE, MA · plan year 2022

Reported admin expense ratio · 2022
0.94%

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

Tmed Holdings, Inc dba Charm Medical reported $31,621 in plan administrative expenses for 2022: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,890 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Massachusetts (2,444th of 2,726), and 4,202nd of 5,215 in retail trade. In 2022, the employer put in $1.76 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,519,047
Participants with balances88
Active participants99
Employer contributions$385,118
Employee contributions$219,231
Employer contribution per active participant$3,890
Average account balance$39,989
Benefits paid to participants$133,184
Plan auditUnmodified (clean) audit opinion
AuditorALBIN RANDALL & BENNETT
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,113
Investment management$15,458
Total administrative$31,621
The Tmed Holdings, Inc dba Charm Medical 401(k) match · 2022
Employer contribution per active participant$3,890
Median for plans this size$1,114

Tmed Holdings, Inc dba Charm Medical's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$31,621 · 0.94%
Similar plansRetail Trade · Massachusetts
Campbell Bewley, Inc. MA$4.5M · 0.34%
Rodman Ford Sales, Inc. MA$4.4M · 0.32%
Color, Inc. MA$3.6M · 0.23%
N.F. Sheldon Inc. MA$3.2M · 0.49%
Vendetti Motors, Inc. MA$3.1M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061761970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.