Plan Ledger DOL Form 5500 · updated monthly

Tp Mechanical Contractors, Inc.401(k)

TP MECHANICAL CONTRACTORS, INC. RETIREMENT SAVINGS PLAN · CINCINNATI, OH · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Tp Mechanical Contractors, Inc. reported $100,102 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $4,348 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 790th-largest of 3,295 plans among Ohio employers on file, and the 1,261st of 5,337 in construction. In 2022, employees put in $1.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,064,106
Participants with balances621
Active participants501
Employer contributions$2,178,559
Employee contributions$2,666,960
Employer contribution per active participant$4,348
Average account balance$62,905
Benefits paid to participants$3,780,446
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG & CO
Administrative expenses, itemized · 2022
Investment management$2,071
Total administrative$100,102
The Tp Mechanical Contractors, Inc. 401(k) match · 2022
Employer contribution per active participant$4,348
Median for plans this size$2,266

Tp Mechanical Contractors, Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$100,102 · 0.24%
Similar plansConstruction · Ohio
Gardiner Service Company OH$39.1M · 0.06%
Jhi Group Inc. OH$37.3M · 0.37%
Perfection Group, Inc. OH$35.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200251494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.