Plan Ledger DOL Form 5500 · updated monthly

Tolm Group, Inc.401(k)

MILLER 401(K) PLAN · MORRILTON, AR · plan year 2024

Reported admin expense ratio · 2024
1.50%

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

Tolm Group, Inc. reported $82,957 in plan administrative expenses for 2024: 1.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,946 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 1.24% to 1.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Arkansas (290th of 456), and 485th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 244 to 277 since 2022.

Plan summary
Net assets, end of year$6,355,433
Participants with balances236
Active participants277
Employer contributions$539,043
Employee contributions$975,440
Employer contribution per active participant$1,946
Average account balance$26,930
Benefits paid to participants$613,832
Plan auditUnmodified (clean) audit opinion
AuditorHCJ CPAS & ADVISORS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 236 accts · $539K emplr
2023$4.7M · 242 accts · $468K emplr
2022$3.3M · 234 accts · $408K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,385
Investment management$22,744
Audit (IQPA)$16,828
Total administrative$82,957
The Tolm Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,946
Median for plans this size$1,313
2024$1,946 per active participant
2023$1,873 per active participant
2022$1,672 per active participant

Tolm Group, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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$82,957 · 1.50%
2023$46,475 · 1.16%
2022$30,224 · 1.24%
Same employer
Similar plansMining, Oil & Gas Extraction · Arkansas
Almatis, Inc. AR$48.2M · 0.23%
Workover Solutions PA$6.4M · 0.82%
Liter's, Inc. KY$6.4M · 1.01%
Compass Well Services LLC TX$6.4M · 0.09%
Strong Services L.P. TX$6.2M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710723061 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.