Plan Ledger DOL Form 5500 · updated monthly

Tpi Corporation401(k)

TPI CORPORATION DEFINED CONTRIBUTION 401(K) PLAN · JOHNSON CITY, TN · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Tpi Corporation reported $55,420 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,666 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 0.60%. 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 Tennessee (837th of 1,496), and 8,815th of 13,661 in manufacturing. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,928,809
Participants with balances145
Active participants107
Employer contributions$178,267
Employee contributions$383,443
Employer contribution per active participant$1,666
Average account balance$68,475
Benefits paid to participants$301,010
Plan auditUnmodified (clean) audit opinion
AuditorBLACKBURN, CHILDERS, & STEAGALL
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 145 accts · $178K emplr
2023$8.5M · 138 accts · $155K emplr
2022$8.4M · 125 accts · $119K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,965
Investment management$16,427
Audit (IQPA)$4,028
Total administrative$55,420
The Tpi Corporation 401(k) match · 2024
Employer contribution per active participant$1,666
Median for plans this size$1,313
2024$1,666 per active participant
2023$1,460 per active participant
2022$1,146 per active participant

Tpi Corporation'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 · 20243
SWBC INVESTMENT ADVISORY SERV LLC D · Investment advisory (plan)$16,427
BLACKBURN, CHILDERS & STEGALL, PLC · Accounting / audit$4,028

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$55,420 · 0.60%
2023$45,346 · 0.53%
2022$57,621 · 0.62%
All plans at this employer2
TPI CORPORATION DEFINED CONTRIBUTION 401(K) PLAN401(k)
TPI CORPORATION PENSION PLAN401(k)
Same employer
Similar plansManufacturing · Tennessee
Top Flight, Inc. TN$10.4M · 0.47%
Valley Packaging Corp. TN$10.3M · 0.05%
Schwan Cosmetics USA, Inc. TN$10.0M · 0.45%
Floats and Fuel Cells TN$9.9M · 0.21%
Envision Aesc US, LLC TN$9.9M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620482961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.