Plan Ledger DOL Form 5500 · updated monthly

Turn 5, Inc401(k)

TURN 5, INC 401(K) PLAN · PAOLI, PA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Turn 5, Inc reported $84,739 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,540 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 0.57% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,492nd-largest of 3,651 plans among Pennsylvania employers on file, and the 1,402nd of 5,215 in retail trade. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,973,990
Participants with balances424
Active participants482
Employer contributions$742,338
Employee contributions$1,346,829
Employer contribution per active participant$1,540
Average account balance$49,467
Benefits paid to participants$2,344,730
Plan auditUnmodified (clean) audit opinion
AuditorTORRILLO & ASSOCIATES,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 424 accts · $742K emplr
2023$18.5M · 461 accts · $702K emplr
2022$11.2M · 363 accts · $641K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,774
Investment management$39,965
Total administrative$84,739
The Turn 5, Inc 401(k) match · 2024
Employer contribution per active participant$1,540
Median for plans this size$2,416
2024$1,540 per active participant
2023$1,447 per active participant
2022$1,246 per active participant

Turn 5, Inc's 2024 employer contribution ran below the $2,416 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$44,774
CORNERSTONE INSTITUTIONAL INVESTORS · Investment advisory (plan)$39,965

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$84,739 · 0.43%
2023$81,261 · 0.55%
2022$65,513 · 0.57%
Same employer
Similar plansRetail Trade · Pennsylvania
Paul B. Zimmerman, Inc. PA$21.7M · 0.28%
Williams Oil Company, Inc. PA$21.5M · 0.44%
Kelly Management Corp PA$21.4M · 0.20%
Rutter's PA$20.3M · 0.41%
Smail Company, Inc. PA$20.3M · 0.36%
Reedman-Toll, L.P. PA$20.2M · 0.27%
Craig Scott, Inc. PA$19.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043685571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.