Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Tootsie Roll Industries › plan 002
Tootsie Roll Industries LLC Profit Sharing Plan
- Sponsor Tootsie Roll Industries
- Plan number 002
- Plan year 2024
- $50-250M in assets
- single-employer
Administrative expenses excluding investment management, per participant · Tootsie Roll Industries LLC Profit Sharing Plan · plan year 2024
$101.85
Higher than 55% of the 8,758 plans $50 to 250M that report it.
Source
= $33,304 / 327
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251006171258NAL0002263843001, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006171258NAL0002263843001, received 2025-10-06
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-06.
Cost and contributions
Administrative expenses per participant
$130.24
Higher than 49% of the 9,042 plans $50 to 250M that report it.
Source
= $42,588 / 327
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006171258NAL0002263843001, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006171258NAL0002263843001, received 2025-10-06
Administrative expenses as a share of assets
0.048%
Higher than 19% of the 9,049 plans $50 to 250M that report it.
Source
= $42,588 / $88,217,814
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006171258NAL0002263843001, received 2025-10-06
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251006171258NAL0002263843001, received 2025-10-06
Employer contributions per participant
$1,724
Higher than 26% of the 9,105 plans $50 to 250M that report it.
Source
= $563,826 / 327
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006171258NAL0002263843001, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006171258NAL0002263843001, received 2025-10-06
Employer share of total contributions
13.9%
Higher than 8% of the 9,112 plans $50 to 250M that report it.
Source
= $563,826 / $4,047,756
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006171258NAL0002263843001, received 2025-10-06
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251006171258NAL0002263843001, received 2025-10-06
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251006171258NAL0002263843001, received 2025-10-06
Full record, Tootsie Roll Industries LLC Profit Sharing Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | TOOTSIE ROLL INDUSTRIES, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Plan name | TOOTSIE ROLL INDUSTRIES LLC PROFIT SHARING PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Sponsor EIN / plan number | 22-1318955 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Sponsor location | CHICAGO, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Industry (business code) | 311300, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Filing received | 2025-10-06 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Participants, beginning of year | 327 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Active participants | 217 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Participants, end of year | 332 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Participants with an account balance | 327 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Total assets, beginning of year | $78,662,585 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Total assets, end of year | $88,217,814 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Net assets, end of year | $88,217,814 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Total income | $15,522,120 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Net income | $9,555,229 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Employer contributions | $563,826 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Participant contributions | $2,750,129 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Other contributions (incl. rollovers) | $733,801 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Total contributions | $4,047,756 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Benefit payments | $5,924,303 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Total expenses (incl. benefit payments) | $5,966,891 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Total administrative expenses | $42,588 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Contract administrator fees | $33,054 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Investment advisory and management fees | $9,284 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Administrative expenses excluding investment management | $33,304 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Held in common/collective trusts | $13,170,367 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Held in mutual funds | $56,470,059 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251006171258NAL0002263843001, received 2025-10-06 |
| Independent auditor | SASSETTI LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251006171258NAL0002263843001, received 2025-10-06 |
Position = column in the DOL layout for form year 2024. Filing 20251006171258NAL0002263843001, received 2025-10-06.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITYrecordkeeper | SERVICE PROVIDER | 64 Recordkeeping fees | $33,631 | yes |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | 26 Investment advisory (participants) | $8,957 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251006171258NAL0002263843001, received 2025-10-06.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $78,662,585 | $88,217,814 | 12.1% |
| Participants with a balance | 322 | 327 | 1.6% |
| Administrative expenses | $6,986 | $42,588 | 509.6% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $518,367 | $563,826 | 8.8% |
Prior filing 20240930142521NAL0005799841001, received 2024-09-30; the plan years are contiguous.