Plan Ledger DOL Form 5500 · updated monthly

Trade Center Management Associates, LLC401(k)

TRADE CENTER MANAGEMENT ASSOCIATES 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Trade Center Management Associates, LLC reported $51,330 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,234 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 0.14% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in District of Columbia (326th of 618), and the 280th of 2,240 in accommodation & food services. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has grown from 223 to 347 since 2022.

Plan summary
Net assets, end of year$21,580,220
Participants with balances321
Active participants347
Employer contributions$428,234
Employee contributions$967,744
Employer contribution per active participant$1,234
Average account balance$67,228
Benefits paid to participants$1,375,361
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 321 accts · $428K emplr
2023$18.9M · 274 accts · $372K emplr
2022$16.0M · 237 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,023
Investment management$21,307
Total administrative$51,330
The Trade Center Management Associates, LLC 401(k) match · 2024
Employer contribution per active participant$1,234
Median for plans this size$2,416
2024$1,234 per active participant
2023$1,393 per active participant
2022$1,388 per active participant

Trade Center Management Associates, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,023
WEALTH ENHANCEMENT ADVISORY · Investment advisory (plan)$15,707
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,600

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$51,330 · 0.25%
2023$26,792 · 0.15%
2022$26,222 · 0.14%
Similar plansAccommodation & Food Services · District of Columbia
Spire Hospitality, LLC TX$22.0M · 0.99%
Grand Performer Inc FL$22.0M · 0.97%
Busch Group, LLC CA$21.8M · 0.29%
Desert de Oro Foods, Inc. AZ$21.6M · 0.81%
Schuster Enterprises, Inc. GA$21.4M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521924168 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.