Plans » Benchmarking Engine
Benchmarking TDR Contractors, Inc. 401k Plan in Gilmer, TX against
good (5)
neutral (1)
TDR Contractors, Inc. 401k Plan in Gilmer, TX has the 10th-lowest total administrative expense per participant ($5.19) of the 96 plans whose industry group is Building Finishing Contractors. That $5.19 compares to an average of $111.26 across those 96 plans.
Beating the average of $111.26 means a decrease of $13,789 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
TDR Contractors, Inc. 401k Plan has these standings among those 96 peer plans:
Beating the average of $111.26 means a decrease of $13,789 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
TDR Contractors, Inc. 401k Plan has these standings among those 96 peer plans:
- total administrative expense per participant = $5.19 (10th-lowest)
- total administrative expenses = $675 (6th-lowest)
- total participants = 130 (23rd-fewest, tied)
beat out by Eagle Painting & Drywall, Inc. 401(K) Profit Sharing Plan in North Highlands, CA ($0.00), Dalton Carpet One 401(K) Savings Plan in Athens, GA ($0.00), Interiorworx, LLC 401(K) Profit Sharing Plan in Tempe, AZ ($0.05), and Savage Brothers, Inc. Retirement Savings Plan in Memphis, TN ($0.58), and 5 others, ending with Gmi 401(K) Plan in Southlake, TX ($5.17).
beat Travis Companies, Inc. 401(K) Plan in San Antonio, TX ($6.81), Alta Drywall 401(K) Plan in Escondido, CA ($6.85), Service Pros Installation Group 401(K) Plan in Charlotte, NC ($7.30), and Jack Laurie Floors, LLC 401(K) Profit Sharing Plan in Indianapolis, IN ($7.78), and 82 others, ending with Inside Edge Commercial Interior Services 401(K) Profit Sharing Plan in Eagan, MN ($439.60).
beat Travis Companies, Inc. 401(K) Plan in San Antonio, TX ($6.81), Alta Drywall 401(K) Plan in Escondido, CA ($6.85), Service Pros Installation Group 401(K) Plan in Charlotte, NC ($7.30), and Jack Laurie Floors, LLC 401(K) Profit Sharing Plan in Indianapolis, IN ($7.78), and 82 others, ending with Inside Edge Commercial Interior Services 401(K) Profit Sharing Plan in Eagan, MN ($439.60).
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
TDR Contractors, Inc. 401k Plan in Gilmer, TX is in Texas, its EIN is 202183286, its industry group is Building Finishing Contractors, its plan administrator is John Dean, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 238300, has 100 to 499 total participants, is worse than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant, and is lower than the overall administrative medians in each of contract administrator fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- net assets (assets minus liabilities) ($1.80M)
- total assets ($1,762,704)
- value of interest in registered investment companies (e.g., mutual funds) ($1.70M)
- total assets at beginning of plan year ($1,353,390)
- total income ($449,987)
- net income ($409,314)
- total contributions ($243,635)
- earnings on investments ($206,352)
- net earnings on investments ($206,352)
- cash contributions from participants ($135,645)
- cash contributions from employers ($107,990)
- total expenses ($40,673)
- loans (other than to participants) ($17,294)
- average account balance ($13,559)
- net income per total participant ($3,149)
- average participant cash contribution per active participant ($1,140)
- average employer cash contribution per active participant ($907.50)
- professional fees ($675)
- total administrative expenses ($675)
- total administrative expense per participant ($5.19)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- participant loans ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (91.5%)
- yield on beginning-of-plan-year total assets (15.25%)
- diversity of asset types (1.7%)
- total administrative expense ratio (0.038%)
- participant loans as a percentage of plan assets (0.00%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (119)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (130)
- other retired or separated participants entitled to future benefits (11)
- retired or separated participants receiving benefits (0)
- total participants (130)
Global References