Plan Ledger DOL Form 5500 · updated monthly

Tmeic Corporation Americas401(k)

TMEIC CORPORATION AMERICAS 401(K) PLAN · SALEM, VA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Tmeic Corporation Americas reported $13,102 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,472 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 0.02% to 0.01%. 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 259th-largest of 2,266 plans among Virginia employers on file, and the 1,373rd of 11,654 in professional & technical services. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 470 to 751 since 2022.

Plan summary
Net assets, end of year$110,401,418
Participants with balances853
Active participants751
Employer contributions$4,109,534
Employee contributions$6,065,165
Employer contribution per active participant$5,472
Average account balance$129,427
Benefits paid to participants$9,811,273
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$110.4M · 853 accts · $4.1M emplr
2023$96.9M · 675 accts · $3.5M emplr
2022$85.6M · 592 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,093
Total administrative$13,102
The Tmeic Corporation Americas 401(k) match · 2024
Employer contribution per active participant$5,472
Median for plans this size$3,635
2024$5,472 per active participant
2023$6,222 per active participant
2022$6,664 per active participant

Tmeic Corporation Americas'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
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$65,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,093

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$13,102 · 0.01%
2023$14,710 · 0.02%
2022$20,137 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Virginia
SEV1TECH, LLC VA$115.2M · 0.27%
Calibre Systems, Inc. VA$114.7M · 0.16%
C2 Essentials, Inc. VA$111.4M · 0.56%
Riverside Research Institute VA$105.6M · 0.20%
Ats ESOP Holdings, Inc. VA$102.6M · 0.19%
Arion Systems, Inc. VA$101.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311723263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.