Plan Ledger DOL Form 5500 · updated monthly

Tullock Management Company, Inc401(k)

TULLOCK MANAGEMENT CO., INC. 401 K PLAN · CLEMMONS, NC · plan year 2024

Reported admin expense ratio · 2024
1.33%

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

Tullock Management Company, Inc reported $24,631 in plan administrative expenses for 2024: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $204 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 1.26% to 1.33%. 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 North Carolina (1,776th of 2,005), and 10,870th of 11,654 in professional & technical services. In 2024, employees put in $6.06 for every $1.00 the employer contributed; active participation has shrunk from 138 to 122 since 2022.

Plan summary
Net assets, end of year$2,008,191
Participants with balances103
Active participants122
Employer contributions$24,840
Employee contributions$150,541
Employer contribution per active participant$204
Average account balance$19,497
Benefits paid to participants$47,004
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON,HOLLAND,WHITESELL&CO,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 103 accts · $25K emplr
2023$1.7M · 104 accts · $17K emplr
2022$1.5M · 97 accts · $16K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,371
Audit (IQPA)$1,260
Total administrative$24,631
The Tullock Management Company, Inc 401(k) match · 2024
Employer contribution per active participant$204
Median for plans this size$1,313
2024$204 per active participant
2023$153 per active participant
2022$119 per active participant

Tullock Management Company, Inc's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK USA · Recordkeeping$516
JOHN HANCOCK USA · Recordkeeping · Investment managementindirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,631 · 1.33%
2023$20,196 · 1.26%
2022$20,232 · 1.26%
Similar plansProfessional & Technical Services · North Carolina
Second Nature NC$2.5M · 1.43%
Geo Owl LLC NC$2.3M
Oyster HR Inc. NC$2.0M · 1.86%
Xdin, Inc. NC$2.0M · 0.09%
Costner Law Office PLLC NC$1.9M · 0.61%
Datastaff Inc NC$1.8M · 0.61%
Infomerica Inc. NC$1.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561378482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.