Plan Ledger DOL Form 5500 · updated monthly

Tmf USA, Inc.401(k)

TMF MIAMI 401(K) RETIREMENT PLAN · MIAMI, FL · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

Tmf USA, Inc. reported $27,843 in plan administrative expenses for 2023: 0.48% of average plan assets, below the peer median. Employer contributions averaged $3,030 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 has held roughly steady near 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (1,937th of 3,644), and 6,206th of 11,911 in health care & social assistance. In 2023, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,611,475
Participants with balances252
Active participants206
Employer contributions$624,117
Employee contributions$1,409,652
Employer contribution per active participant$3,030
Average account balance$34,173
Benefits paid to participants$1,202,766
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA, DE ARMAS & TRUJILLO, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$8.6M · 252 accts · $624K emplr
2022$3.1M · 117 accts · $260K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,843
Total administrative$27,843
The Tmf USA, Inc. 401(k) match · 2023
Employer contribution per active participant$3,030
Median for plans this size$1,308
2023$3,030 per active participant
2022$3,094 per active participant

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

Service providers · 20231
LINCOLN NATIONAL CORPORATION · Contract administrator$25,743

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

Administrative cost history2
2023$27,843 · 0.48%
2022$14,390 · 0.47%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Plymouth Harbor, Inc. FL$8.8M · 0.35%
Housing Partnership, Inc. FL$8.7M · 0.05%
Papa, Inc. FL$8.6M · 0.29%
Family Central, Inc. FL$8.5M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753212613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.