Plan Ledger DOL Form 5500 · updated monthly

Tmi Group IncorporatedESOP

TMI CORPORATION ESOP · DICKINSON, ND · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Tmi Group Incorporated reported $30 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,160 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 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Dakota (239th of 279), and 11,554th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$4,337,017
Participants with balances232
Active participants196
Employer contributions$619,306
Employee contributions—
Employer contribution per active participant$3,160
Average account balance$18,694
Benefits paid to participants$40,032
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 232 accts · $619K emplr
2023$306K · 229 accts · $627K emplr
2022$-4.2M · 232 accts · $635K emplr
Employer contributions to the Tmi Group Incorporated plan · 2024
Employer contribution per active participant$3,160
Median for plans this size$1,313
2024$3,160 per active participant
2023$3,091 per active participant
2022$3,084 per active participant

Tmi Group Incorporated's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$30 · 0.00%
2023Not separately reported
2022Not separately reported
Same employer
Similar plansManufacturing · North Dakota
Wcco Belting, Inc. ND$9.7M · 0.97%
Indigo Signworks, Inc. ND$7.0M · 0.42%
O'Day Management, Inc. ND$6.5M · 0.42%
Gremada Industries, Inc. ND$4.8M · 0.45%
Agt Foods ND$4.2M · 0.08%
Vaderstad Inc. ND$2.3M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834365841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.