Plan Ledger DOL Form 5500 · updated monthly

Tumeq, LLC401(k)

TUMEQ, LLC 401(K) PLAN AND TRUST · MT PLEASANT, SC · plan year 2025

Reported admin expense ratio · 2025
0.44%

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

Tumeq, LLC reported $94,907 in plan administrative expenses for 2025: 0.44% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,644 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 4 years on file its reported administrative ratio has held roughly steady near 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is the 236th-largest of 807 plans among South Carolina employers on file, and 2,812th of 4,798 in finance & insurance. In 2025, employees put in $2.50 for every $1.00 the employer contributed; active participation has grown from 240 to 319 since 2022.

Plan summary
Net assets, end of year$23,161,274
Participants with balances218
Active participants319
Employer contributions$524,593
Employee contributions$1,308,953
Employer contribution per active participant$1,644
Average account balance$106,244
Benefits paid to participants$2,877,952
Plan auditUnmodified (clean) audit opinion
AuditorBDO, USA, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$23.2M · 218 accts · $525K emplr
2024$19.9M · 256 accts · $516K emplr
2023$16.5M · 237 accts · $425K emplr
2022$13.8M · 236 accts · $533K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$69,840
Investment management$24,167
Total administrative$94,907
The Tumeq, LLC 401(k) match · 2025
Employer contribution per active participant$1,644
Median for plans this size$2,666
2025$1,644 per active participant
2024$1,724 per active participant
2023$1,404 per active participant
2022$2,222 per active participant

Tumeq, LLC's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
BOON ADMINISTRATIVE SERVICES, INC.$21,500
DEFINITI, LLC · 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 history4
2025$94,907 · 0.44%
2024$79,980 · 0.44%
2023$68,366 · 0.45%
2022$64,352 · 0.45%
Same employer
Similar plansFinance & Insurance · South Carolina
South Atlantic Bank SC$23.6M · 0.01%
Rev Federal Credit Union SC$19.8M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272017426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.