Plan Ledger DOL Form 5500 · updated monthly

Turelk, Inc.401(k)

THE TURELK, INC. PROFIT SHARING/401(K) PLAN · LONG BEACH, CA · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

Turelk, Inc. reported $32,985 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $4,094 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 0.17% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 3,646th-largest of 9,483 plans among California employers on file, and the 2,026th of 5,337 in construction. In 2022, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,889,527
Participants with balances119
Active participants99
Employer contributions$405,300
Employee contributions$735,039
Employer contribution per active participant$4,094
Average account balance$167,139
Benefits paid to participants$1,288,305
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$19.6M · 99 accts · $147K emplr
2022$19.9M · 119 accts · $405K emplr
The Turelk, Inc. 401(k) match · 2022
Employer contribution per active participant$4,094
Median for plans this size$2,266
2023$2,066 per active participant
2022$4,094 per active participant

Turelk, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$47,165 · 0.24%
2022$32,985 · 0.17%
All plans at this employer2
THE TURELK, INC. PROFIT SHARING/401(K) PLAN401(k)
TURELK, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 953266678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.