Plan Ledger DOL Form 5500 · updated monthly

Tuba Group, Inc401(k)

TUBA GROUP, INC. 401 (K) PLAN · VIENNA, VA · plan year 2023

Reported admin expense ratio · 2023
0.44%

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

Tuba Group, Inc reported $13,587 in plan administrative expenses for 2023: 0.44% of average plan assets, below the peer median. Employer contributions averaged $1,548 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 1 year on file its reported administrative ratio rose from 0.37% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,986th of 2,266), and 10,492nd of 11,654 in professional & technical services. In 2023, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,138,953
Participants with balances87
Active participants76
Employer contributions$117,671
Employee contributions$368,270
Employer contribution per active participant$1,548
Average account balance$36,080
Benefits paid to participants$784,796
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.1M · 87 accts · $118K emplr
2022$3.0M · 103 accts · $173K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,902
Investment management$1,685
Total administrative$13,587
The Tuba Group, Inc 401(k) match · 2023
Employer contribution per active participant$1,548
Median for plans this size$1,308
2023$1,548 per active participant
2022$1,662 per active participant

Tuba Group, Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ADP, INC. · Loan processing · Recordkeeping$13,586
ADP BROKER-DEALER · Other servicesindirect comp
SECURITIES AMERICA, INC · Other servicesindirect comp

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

Administrative cost history2
2023$13,587 · 0.44%
2022$11,600 · 0.37%
Similar plansProfessional & Technical Services · Virginia
Trusted.com, LLC VA$3.3M · 0.07%
Wall & Associates, Inc. VA$3.2M · 0.70%
Rividium VA$3.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010591747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.