Plan Ledger DOL Form 5500 · updated monthly

Tutera Group Inc.401(k)

TUTERA GROUP INC. 401(K) RETIREMENT PLAN · KANSAS CITY, MO · plan year 2023

Reported admin expense ratio · 2023
0.78%

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

Tutera Group Inc. reported $80,161 in plan administrative expenses for 2023: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $81 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 0.88% to 0.93%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Missouri (804th of 1,393), and the 5,389th of 11,911 in health care & social assistance. In 2023, employees put in $8.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,163,400
Participants with balances356
Active participants1,801
Employer contributions$146,088
Employee contributions$1,312,582
Employer contribution per active participant$81
Average account balance$31,358
Benefits paid to participants$1,532,444
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 433 accts · $168K emplr
2023$11.2M · 356 accts · $146K emplr
2022$9.5M · 306 accts · $157K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,354
Investment management$24,941
Audit (IQPA)$17,866
Total administrative$80,161
The Tutera Group Inc. 401(k) match · 2023
Employer contribution per active participant$81
Median for plans this size$2,440
2024$16 per active participant
2023$81 per active participant
2022$93 per active participant

Tutera Group Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
RESOURCES INVESTMENT ADVISORS LLC · Investment advisory (plan)$24,941
CLIFTONLARSONALLEN LLP · Accounting / audit$17,866

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

Administrative cost history3
2024$101,292 · 0.93%
2023$80,161 · 0.78%
2022$91,758 · 0.88%
Similar plansHealth Care & Social Assistance · Missouri
V.N.A. Corporation MO$11.7M · 0.64%
Rhg Consolidated, LLC MO$11.2M · 1.01%
Systems, LLC MO$11.2M · 1.91%
Community Counseling Center MO$11.1M · 1.30%
Carestl Health MO$11.0M · 0.03%
Soh Dental LLC MO$10.3M · 0.63%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 431433108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.