Plan Ledger DOL Form 5500 · updated monthly

Tmf Center Inc401(k)

TMF CENTER INC 401K RETIREMENT PLAN AND TRUST · WILLIAMSPORT, IN · plan year 2023

Reported admin expense ratio · 2023
0.67%

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

Tmf Center Inc reported $31,565 in plan administrative expenses for 2023: 0.67% of average plan assets, above the peer median. Employer contributions averaged $714 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 1 year on file its reported administrative ratio fell from 0.77% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,167th of 1,562), and 11,125th of 13,661 in manufacturing. In 2023, employees put in $2.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,152,343
Participants with balances142
Active participants163
Employer contributions$116,442
Employee contributions$315,862
Employer contribution per active participant$714
Average account balance$36,284
Benefits paid to participants$226,050
Plan auditUnmodified (clean) audit opinion
AuditorCROWDER CPAS LTD
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $74K emplr
2023$5.2M · 142 accts · $116K emplr
2022$4.2M · 142 accts · $113K emplr
The Tmf Center Inc 401(k) match · 2023
Employer contribution per active participant$714
Median for plans this size$1,308
2023$714 per active participant
2022$684 per active participant

Tmf Center Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIRST MERCHANTS TRUST CO · Trustee · Recordkeeping$31,565

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

Recordkeeper by year2
2024FIRST MERCHANTS TRUST CO
2023FIRST MERCHANTS TRUST CO

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Administrative cost history3
2024Not separately reported
2023$31,565 · 0.67%
2022$34,997 · 0.77%
Same employer
Similar plansManufacturing · Indiana
B & J Specialty, Inc. IN$5.4M · 0.63%
Dalton Corporation IN$5.3M · 0.11%
Standard Locknut, LLC IN$5.2M · 0.62%
Sunright America, Inc. IN$5.1M · 0.73%
Nukemed Inc. IN$5.0M · 0.04%
Vandor Corporation IN$5.0M · 0.92%
J. Squared Inc. IN$5.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371265996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.