Plan Ledger DOL Form 5500 · updated monthly

Tresco, Inc.401(k)

TRESCO, INC. 401(K) PLAN · LAS CRUCES, NM · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Tresco, Inc. reported $3,947 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,933 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 fell from 1.02% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Mexico (210th of 290), and 8,908th of 11,911 in health care & social assistance. In 2024, the employer put in $3.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,509,622
Participants with balances321
Active participants289
Employer contributions$847,542
Employee contributions$274,324
Employer contribution per active participant$2,933
Average account balance$10,933
Benefits paid to participants$257,644
Plan auditUnmodified (clean) audit opinion
AuditorSBNG, PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 321 accts · $848K emplr
2023$2.3M · 306 accts · $816K emplr
2022$1.1M · 275 accts · $748K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,947
Total administrative$3,947
The Tresco, Inc. 401(k) match · 2024
Employer contribution per active participant$2,933
Median for plans this size$1,313
2024$2,933 per active participant
2023$2,842 per active participant
2022$2,645 per active participant

Tresco, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
NATIONWIDE TRUST COMPANY · Contract administrator · Recordkeeping$7,669
NATIONWIDE · Contract administrator · Recordkeeping$7,669
PATTISON PENSION SPECIALISTS · Pension consulting$3,348
PATTISON PENSON SPECIALISTS · Pension consulting$3,348

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$3,947 · 0.14%
2023$15,464 · 0.91%
2022$7,330 · 1.02%
Similar plansHealth Care & Social Assistance · New Mexico
Enmrsh, Inc. NM$4.0M · 0.06%
Carc, Inc. NM$3.8M · 1.15%
Advantage Home Care, Inc. NM$3.8M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850201597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.