Plan Ledger DOL Form 5500 · updated monthly

Tool Flo Manufacturing, Inc.401(k)

TOOL FLO 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Tool Flo Manufacturing, Inc. reported $1,915 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,714 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 0.01% to 0.02%. 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 Texas (3,228th of 5,688), and 9,240th of 13,661 in manufacturing. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,975,152
Participants with balances121
Active participants111
Employer contributions$190,255
Employee contributions$487,073
Employer contribution per active participant$1,714
Average account balance$74,175
Benefits paid to participants$506,074
Plan auditUnmodified (clean) audit opinion
AuditorANDERS MINKLER HUBER & HELMLLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 121 accts · $190K emplr
2023$7.7M · 117 accts · $175K emplr
2022$6.2M · 104 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,915
Total administrative$1,915
The Tool Flo Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,714
Median for plans this size$1,313
2024$1,714 per active participant
2023$1,534 per active participant
2022$1,420 per active participant

Tool Flo Manufacturing, 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.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$1,915
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$1,915 · 0.02%
2023$1,649 · 0.02%
2022$955 · 0.01%
Same employer
Similar plansManufacturing · Texas
Staley Steele LLC TX$9.0M · 0.14%
Teasdale Foods Inc. TX$9.0M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741990355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.