Tustin Mechanical Services401(k)
THE TUSTIN GROUP 401(K) RETIREMENT · NORRISTOWN, PA · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Tustin Mechanical Services reported $56,909 in plan administrative expenses for 2023: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,382 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 fell from 0.55% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 1,489th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,955th of 5,337 in construction. In 2023, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 224 to 256 since 2022.
Tustin Mechanical Services's 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 800753265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.