Plan Ledger DOL Form 5500 · updated monthly

Tompkins Products Inc.401(k)

TOMPKINS 401(K) PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
1.28%

Tompkins Products Inc. reported $25,539 in plan administrative expenses for 2024: 1.28% of average plan assets, higher than ~90% of peers. 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 1.28%. 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 Michigan (2,350th of 2,619), and 12,780th of 13,661 in manufacturing. active participation has shrunk from 228 to 205 since 2022.

Plan summary
Net assets, end of year$2,100,597
Participants with balances111
Active participants205
Employer contributions—
Employee contributions$363,910
Employer contribution per active participant—
Average account balance$18,924
Benefits paid to participants$319,172
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 111 accts
2023$1.9M · 129 accts
2022$1.7M · 141 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,539
Total administrative$25,539
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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$25,539
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$25,539 · 1.28%
2023$22,826 · 1.26%
2022$22,508 · 1.23%
Same employer
Similar plansManufacturing · Michigan
Corvac Composites, LLC MI$2.3M · 0.83%
Pvs MI$2.3M
Avon Machining, LLC MI$2.3M · 1.05%
Midwest Glass Fabricators MI$2.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382323649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.