Plan Ledger DOL Form 5500 · updated monthly

Toledo Finance Corporation401(k)

TOLEDO FINANCE CORPORATION 401(K) PROFIT SHARING PLAN · AUSTIN, TX · plan year 2022

Reported admin expense ratio · 2022
0.65%

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

Toledo Finance Corporation reported $21,371 in plan administrative expenses for 2022: 0.65% of average plan assets, above the peer median. Employer contributions averaged $518 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 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Texas (4,626th of 5,688), and 4,599th of 4,798 in finance & insurance. In 2022, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,859,896
Participants with balances42
Active participants130
Employer contributions$67,305
Employee contributions$134,401
Employer contribution per active participant$518
Average account balance$68,093
Benefits paid to participants$377,677
Plan auditUnmodified (clean) audit opinion
AuditorEISNERAMPER
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,206
Investment management$8,165
Total administrative$21,371
The Toledo Finance Corporation 401(k) match · 2022
Employer contribution per active participant$518
Median for plans this size$1,114

Toledo Finance Corporation's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$21,371 · 0.65%
Same employer
Similar plansFinance & Insurance · Texas
Aip-Ecs Holdings, LLC TX$3.2M · 1.15%
Aspire Financial, Inc. TX$2.6M · 0.19%
Gold Star Finance, Inc. TX$2.5M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 751281137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.