Plan Ledger DOL Form 5500 · updated monthly

Tubelite Enterprises LLC401(k)

TUBELITEDENCO 401(K) PROFIT SHARING PLAN · LONGMONT, CO · plan year 2022

Reported admin expense ratio · 2022
0.39%

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

Tubelite Enterprises LLC reported $37,520 in plan administrative expenses for 2022: 0.39% of average plan assets, below the peer median. Employer contributions averaged $513 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 0.39% to 1.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Colorado (833rd of 1,461), and 3,044th of 4,246 in wholesale trade. In 2022, employees put in $5.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,077,569
Participants with balances335
Active participants309
Employer contributions$158,588
Employee contributions$869,777
Employer contribution per active participant$513
Average account balance$27,097
Benefits paid to participants$461,549
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS GRAY & COMPANY, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$773K · 21 accts · $129K emplr
2022$9.1M · 335 accts · $159K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$37,520
Total administrative$37,520
The Tubelite Enterprises LLC 401(k) match · 2022
Employer contribution per active participant$513
Median for plans this size$1,114
2023$410 per active participant
2022$513 per active participant

Tubelite Enterprises LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$62,771 · 1.27%
2022$37,520 · 0.39%
Similar plansWholesale Trade · Colorado
Krayden, Inc. CO$12.0M · 0.31%
George T. Sanders Company CO$10.3M · 0.20%
Rws Operating Co, LLC CO$9.2M · 0.40%
Cdmm Corp CO$7.2M · 0.60%
Master Magnetics, Inc. CO$6.5M · 0.73%
Tengam Pro, Inc. CO$6.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842410409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.