Plan Ledger DOL Form 5500 · updated monthly

Tribute Companies, Inc.401(k)

TRIBUTE COMPANIES, INC. 401(K) PLAN · WILMINGTON, NC · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Tribute Companies, Inc. reported $9,815 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,161 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 0.15% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in North Carolina (1,237th of 2,005), and 1,256th of 2,096 in real estate & leasing. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,022,664
Participants with balances123
Active participants133
Employer contributions$287,468
Employee contributions$463,619
Employer contribution per active participant$2,161
Average account balance$65,225
Benefits paid to participants$293,434
Plan auditUnmodified (clean) audit opinion
AuditorAC CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 123 accts · $287K emplr
2023$6.7M · 115 accts · $261K emplr
2022$5.6M · 118 accts · $260K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,815
Total administrative$9,815
The Tribute Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,161
Median for plans this size$1,313
2024$2,161 per active participant
2023$2,057 per active participant
2022$1,972 per active participant

Tribute Companies, Inc.'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 · 20241
THE VANGUARD GROUP · Recordkeeping$10,860

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$9,815 · 0.13%
2023$11,002 · 0.18%
2022$9,230 · 0.15%
Same employer
Similar plansReal Estate & Leasing · North Carolina
Msc Development, Inc. NC$9.8M · 0.48%
Southwood Realty Company NC$9.0M · 0.98%
Ce Rental, Inc. NC$4.6M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471515953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.