Plan Ledger DOL Form 5500 · updated monthly

Tsay Federal Contracting Companies401(k)

TSAY FEDERAL CONTRACTING COMPANIES 401(K) PLAN · OHKAY OWINGEH, NM · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Tsay Federal Contracting Companies reported $58,701 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,015 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 0.54% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 108th-largest of 290 plans among New Mexico employers on file, and the 812th of 2,534 in administrative & support services. In 2024, the employer put in $2.20 for every $1.00 employees contributed themselves; active participation has grown from 257 to 319 since 2022.

Plan summary
Net assets, end of year$13,954,070
Participants with balances467
Active participants319
Employer contributions$961,892
Employee contributions$437,949
Employer contribution per active participant$3,015
Average account balance$29,880
Benefits paid to participants$1,790,894
Plan auditUnmodified (clean) audit opinion
AuditorBLUEBIRD CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 467 accts · $962K emplr
2023$13.3M · 478 accts · $892K emplr
2022$12.6M · 483 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Investment management$58,701
Total administrative$58,701
The Tsay Federal Contracting Companies 401(k) match · 2024
Employer contribution per active participant$3,015
Median for plans this size$2,416
2024$3,015 per active participant
2023$2,813 per active participant
2022$5,826 per active participant

Tsay Federal Contracting Companies's 2024 employer contribution ran above the $2,416 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 · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$11,401
PATTISON PENSION SPECIALISTS, INC. · Contract administrator$2,315
US BANKCORP INVESTMENTS INCindirect comp
US BANKCORP INVESTMENTS INCindirect comp

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$58,701 · 0.43%
2023$67,323 · 0.52%
2022$77,810 · 0.54%
Similar plansAdministrative & Support Services · New Mexico
Compa Industries, Inc. NM$11.9M · 0.08%
Akal Security, Inc. NM$10.8M · 0.70%
Healthcare Packaging US NM$10.1M · 0.60%
Adc LTD Nm NM$7.0M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270083965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.