Plan Ledger DOL Form 5500 · updated monthly

Tuv Rheinland of North America, Inc.401(k)

TUV RHEINLAND 401(K) PROFIT SHARING PLAN · LITTLETON, MA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Tuv Rheinland of North America, Inc. reported $84,166 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $4,273 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 0.39% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 683rd-largest of 2,726 plans among Massachusetts employers on file, and the 2,656th of 11,654 in professional & technical services. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,631,052
Participants with balances415
Active participants339
Employer contributions$1,448,554
Employee contributions$2,651,795
Employer contribution per active participant$4,273
Average account balance$126,822
Benefits paid to participants$7,180,245
Plan auditUnmodified (clean) audit opinion
AuditorCOHN REZNICK LLC
Plan history3
Yearassets · accounts · employer contribution
2024$52.6M · 415 accts · $1.4M emplr
2023$49.2M · 437 accts · $1.3M emplr
2022$43.9M · 395 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,863
Investment management$35,927
Audit (IQPA)$16,276
Total administrative$84,166
The Tuv Rheinland of North America, Inc. 401(k) match · 2024
Employer contribution per active participant$4,273
Median for plans this size$3,635
2024$4,273 per active participant
2023$3,492 per active participant
2022$3,426 per active participant

Tuv Rheinland of North America, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20245
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$35,927
COHNREZNICK LLP · Accounting / audit$16,276
JACKSON LEWIS PC · Legal$11,100
CHARLES SCHWABB & CO., INC. · Securities brokerage · Investment advisory (participants)$6

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$84,166 · 0.17%
2023$103,733 · 0.22%
2022$194,557 · 0.39%
All plans at this employer2
TUV RHEINLAND 401(K) PROFIT SHARING PLAN401(k)
TRIS 401(K) SAVINGS PLAN401(k)
Similar plansProfessional & Technical Services · Massachusetts
Weston & Sampson, Inc. MA$52.8M · 0.02%
Bitsight Technologies, Inc. MA$52.6M · 0.01%
Radius Health, Inc. MA$52.2M · 0.30%
Engagesmart, Inc. MA$51.8M · 0.24%
Veracode, Inc. MA$51.4M · 0.22%
Simon Kucher & Partners LLC MA$51.3M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 262797284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.