Plan Ledger DOL Form 5500 · updated monthly

Tmi Group Incorporated401(k)

TMI 401(K) PROFIT SHARING TRUST · DICKINSON, ND · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Tmi Group Incorporated reported $152,733 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $979 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 3 years on file its reported administrative ratio has held roughly steady near 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 81st-largest of 279 plans among North Dakota employers on file, and the 4,432nd of 13,661 in manufacturing. In 2024, employees put in $3.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,537,206
Participants with balances334
Active participants255
Employer contributions$249,732
Employee contributions$911,273
Employer contribution per active participant$979
Average account balance$91,429
Benefits paid to participants$2,715,437
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 334 accts · $250K emplr
2023$28.6M · 317 accts · $230K emplr
2022$25.9M · 332 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,831
Investment management$133,073
Trustee / custodial$11,829
Total administrative$152,733
The Tmi Group Incorporated 401(k) match · 2024
Employer contribution per active participant$979
Median for plans this size$2,416
2024$979 per active participant
2023$946 per active participant

Tmi Group Incorporated's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.

Service providers · 20241
BRAVERA WEALTH · Recordkeeping · Trustee$152,733

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

Recordkeeper by year2
2024BRAVERA WEALTH
2023BRAVERA WEALTH

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Administrative cost history3
2024$152,733 · 0.52%
2023$139,311 · 0.51%
2022$141,866 · 0.49%
Similar plansManufacturing · North Dakota
Steffes, LLC ND$54.2M · 0.56%
Hebron Companies, Inc. ND$32.6M · 0.00%
Baker Boy, Inc. ND$23.1M · 0.20%
Newman Signs, Inc. ND$21.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 864365841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.