Plan Ledger DOL Form 5500 · updated monthly

Tmii Enterprises, LLC dba A1 Garage Door Service401(k)

TM ENTERPRISES 401(K) PLAN · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
1.61%

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

Tmii Enterprises, LLC dba A1 Garage Door Service reported $32,052 in plan administrative expenses for 2023: 1.61% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 rose from 1.02% to 3.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Arizona (962nd of 1,285), and 4,484th of 5,337 in construction.

Plan summary
Net assets, end of year$3,155,130
Participants with balances664
Active participants462
Employer contributions$0
Employee contributions$2,019,529
Employer contribution per active participant$0
Average account balance$4,752
Benefits paid to participants$194,632
Plan auditQualified audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41K · 17 accts
2023$3.2M · 664 accts
2022$831K · 461 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$32,052
Total administrative$32,052
The Tmii Enterprises, LLC dba A1 Garage Door Service 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Tmii Enterprises, LLC dba A1 Garage Door Service's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$53,436 · 3.34%
2023$32,052 · 1.61%
2022$8,439 · 1.02%
Same employer
Similar plansConstruction · Arizona
Rite Way Ventilating Co. AZ$3.2M · 1.51%
Spencer Construction, LLC AZ$3.0M · 1.78%
Midstate Mechanical, Inc. AZ$3.0M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861890938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.