Plan Ledger DOL Form 5500 · updated monthly

Tmgcore, Inc.401(k)

TMGCORE 401(K) PLAN · PLANO, TX · plan year 2023

Reported admin expense ratio · 2023
1.87%

Tmgcore, Inc. reported $10,526 in plan administrative expenses for 2023: 1.87% of average plan assets, above the peer median. 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 rose from 0.73% to 1.87%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (5,413th of 5,688), and 13,431st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$583,187
Participants with balances79
Active participants53
Employer contributions—
Employee contributions$263,594
Employer contribution per active participant—
Average account balance$7,382
Benefits paid to participants$305,284
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$583K · 79 accts
2022$543K · 108 accts · $9K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,993
Investment management$6,533
Total administrative$10,526
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 · 20232
ASCENSUS LLC · Loan processing · Recordkeeping$3,993
LPL FINANCIAL RPCP · Investment advisory (plan)$6,247

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$10,526 · 1.87%
2022$3,969 · 0.73%
Similar plansManufacturing · Texas
Fresh From Texas, LLC TX$655K · 1.25%
L.F. Manufacturing, Inc. TX$563K · 0.27%
Bruegmann USA, Inc. TX$558K · 0.34%
Remis America, LLC TX$551K · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871581512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.