Plan Ledger DOL Form 5500 · updated monthly

Tower Engineering Solutions, L.L.C.401(k)

TOWER ENGINEERING SOLUTIONS, L. L. C. 401(K) PROFIT SHARING PLAN · LAS VEGAS, NV · plan year 2023

Reported admin expense ratio · 2023
0.67%

Tower Engineering Solutions, L.L.C. reported $17,537 in plan administrative expenses for 2023: 0.67% of average plan assets, above the peer median. 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 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Nevada (329th of 437), and 10,552nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,966,240
Participants with balances102
Active participants126
Employer contributions—
Employee contributions$398,193
Employer contribution per active participant—
Average account balance$29,081
Benefits paid to participants$134,149
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$3.0M · 102 accts
2022$2.3M · 103 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,483
Total administrative$17,537
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA FINANCIAL LIFE INS. CO · Recordkeeping · Loan processing$25,619
MICHAEL K. LEVY, ESQUIRE, P.C. · Recordkeeping · Loan processing$875
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$10,047

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

Administrative cost history3
2024Not separately reported
2023$17,537 · 0.67%
2022Not separately reported
Similar plansProfessional & Technical Services · Nevada
Joshco Group, LLC NV$4.9M · 1.43%
Prime Digital NV$4.4M · 0.10%
Cleanspark, Inc. NV$4.1M · 1.85%
Claimocity, Inc. NV$1.9M · 0.83%
Rangefront Consulting LLC NV$1.8M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462297448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.