Plan Ledger DOL Form 5500 · updated monthly

Tourneau LLC401(k)

TOURNEAU/BUCHERER 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Tourneau LLC reported $100,947 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,090 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 3 years on file its reported administrative ratio has held roughly steady near 0.297%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,679th-largest of 5,648 plans among New York employers on file, and the 838th of 5,215 in retail trade. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 419 to 537 since 2022.

Plan summary
Net assets, end of year$37,630,671
Participants with balances754
Active participants537
Employer contributions$1,659,543
Employee contributions$3,601,580
Employer contribution per active participant$3,090
Average account balance$49,908
Benefits paid to participants$1,971,354
Plan auditUnmodified (clean) audit opinion
AuditorEICHEN & DIMEGLIO P.C
Plan history3
Yearassets · accounts · employer contribution
2024$37.6M · 754 accts · $1.7M emplr
2023$30.3M · 735 accts · $1.4M emplr
2022$24.1M · 663 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,062
Investment management$59,885
Total administrative$100,947
The Tourneau LLC 401(k) match · 2024
Employer contribution per active participant$3,090
Median for plans this size$2,416
2024$3,090 per active participant
2023$2,745 per active participant
2022$2,775 per active participant

Tourneau LLC's 2024 employer contribution ran above the $2,416 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
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$59,884
ADP, INC. · Loan processing · Recordkeeping$41,062

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, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$100,947 · 0.30%
2023$84,083 · 0.31%
2022$77,119 · 0.30%
Same employer
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Roman Health Ventures, Inc. NY$39.9M · 0.44%
Sam Ash Music Corporation NY$39.9M · 0.49%
2428392, Inc dba Fye NY$36.4M · 0.01%
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Hoselton Chevrolet, Inc. NY$35.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208540199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.