Plan Ledger DOL Form 5500 · updated monthly

Tubescience USA, Inc.401(k)

TUBESCIENCE USA, INC. 401K PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Tubescience USA, Inc. reported $47,517 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,077 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 1.25% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,931st of 9,483), and 9,714th of 11,654 in professional & technical services. In 2024, employees put in $3.01 for every $1.00 the employer contributed; active participation has shrunk from 129 to 116 since 2022.

Plan summary
Net assets, end of year$5,217,860
Participants with balances170
Active participants116
Employer contributions$240,930
Employee contributions$725,237
Employer contribution per active participant$2,077
Average account balance$30,693
Benefits paid to participants$674,400
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 170 accts · $241K emplr
2023$4.2M · 176 accts · $200K emplr
2022$3.0M · 184 accts · $260K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,367
Total administrative$47,517
The Tubescience USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,077
Median for plans this size$1,313
2024$2,077 per active participant
2023$1,612 per active participant
2022$2,018 per active participant

Tubescience USA, 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 · 20242
BURNHAM GIBSON WEALTH ADVISORS, LLCindirect 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$47,517 · 1.00%
2023$54,395 · 1.50%
2022$37,185 · 1.25%
Same employer
Similar plansProfessional & Technical Services · California
Firstlayerai, Inc. CA$5.3M · 0.02%
Therabody, Inc. CA$5.3M · 0.53%
Dmcg, Inc. CA$5.2M · 0.49%
Tia, Inc. CA$5.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812753826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.