Plan Ledger DOL Form 5500 · updated monthly

Tulkoff Food Products, Inc.401(k)

TULKOFF FOOD PRODUCTS, INC. 401(K) PROFIT SHARING PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Tulkoff Food Products, Inc. reported $53,083 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $3,331 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 rose from 0.49% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maryland (1,011th of 1,671), and 8,974th of 13,661 in manufacturing. In 2024, employees put in $1.26 for every $1.00 the employer contributed; active participation has grown from 123 to 153 since 2022.

Plan summary
Net assets, end of year$9,603,803
Participants with balances182
Active participants153
Employer contributions$509,582
Employee contributions$642,624
Employer contribution per active participant$3,331
Average account balance$52,768
Benefits paid to participants$1,808,720
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 182 accts · $510K emplr
2023$9.0M · 182 accts · $404K emplr
2022$7.4M · 178 accts · $327K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,485
Investment management$22,598
Total administrative$53,083
The Tulkoff Food Products, Inc. 401(k) match · 2024
Employer contribution per active participant$3,331
Median for plans this size$1,313
2024$3,331 per active participant
2023$2,675 per active participant
2022$2,656 per active participant

Tulkoff Food Products, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$20,000
EMPOWER ADVISORY GROUP, LLC · Investment management$2,598

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$53,083 · 0.57%
2023$42,946 · 0.52%
2022$34,501 · 0.49%
Same employer
Similar plansManufacturing · Maryland
Pompeian, Inc. MD$11.6M · 0.96%
Aw Industries, Inc. MD$11.4M · 0.10%
Douron, Inc. MD$10.4M · 0.72%
M & M Refrigeration, LLC MD$8.9M · 0.45%
Idt Biologika Corporation MD$8.5M · 0.49%
Elutia Inc. MD$8.2M · 1.02%
Corporate Press, Inc. MD$7.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520960665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.