Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Tnemec › plan 002
Tnemec Company, Inc. 401(k) Savings Plan
- Sponsor Tnemec
- Plan number 002
- Plan year 2023
- $10-50M in assets
- single-employer
Total assets, end of year · Tnemec Company, Inc. 401(k) Savings Plan · plan year 2023
$40,426,864
346 participants with a balance. This filing reports no recordkeeping fee and no administrative expenses excluding investment management, so there is no headline cost figure.
Source
Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241011210821NAL0012935795001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011210821NAL0012935795001, received 2024-10-11
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2024-10-11.
Cost and contributions
Administrative expenses excluding investment management, per participant
$0.00
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / 346
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241011210821NAL0012935795001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011210821NAL0012935795001, received 2024-10-11
Administrative expenses per participant
$20.47
Higher than 9% of the 24,286 plans $10 to 50M that report it.
Source
= $7,082 / 346
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241011210821NAL0012935795001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011210821NAL0012935795001, received 2024-10-11
Administrative expenses as a share of assets
0.018%
Higher than 6% of the 24,321 plans $10 to 50M that report it.
Source
= $7,082 / $40,426,864
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241011210821NAL0012935795001, received 2024-10-11
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241011210821NAL0012935795001, received 2024-10-11
Employer contributions per participant
$1,485
Higher than 33% of the 23,376 plans $10 to 50M that report it.
Source
= $513,920 / 346
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241011210821NAL0012935795001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011210821NAL0012935795001, received 2024-10-11
Employer share of total contributions
24.0%
Higher than 36% of the 23,409 plans $10 to 50M that report it.
Source
= $513,920 / $2,138,750
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241011210821NAL0012935795001, received 2024-10-11
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241011210821NAL0012935795001, received 2024-10-11
Plan features
2E profit-sharing · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20241011210821NAL0012935795001, received 2024-10-11
Full record, Tnemec Company, Inc. 401(k) Savings Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | TNEMEC COMPANY, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Plan name | TNEMEC COMPANY, INC. 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Sponsor EIN / plan number | 44-0463100 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Sponsor location | NORTH KANSAS CITY, MO | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Industry (business code) | 332810, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Plan year | 2023-01-01 to 2023-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Filing received | 2024-10-11 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Participants, beginning of year | 389 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Active participants | 292 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Participants, end of year | 363 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Participants with an account balance | 346 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Total assets, beginning of year | $33,709,347 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Total assets, end of year | $40,426,864 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Net assets, end of year | $40,426,864 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Total income | $7,301,075 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Net income | $6,717,517 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Employer contributions | $513,920 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Participant contributions | $1,618,254 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Other contributions (incl. rollovers) | $6,576 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Total contributions | $2,138,750 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Benefit payments | $576,476 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Total expenses (incl. benefit payments) | $583,558 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Total administrative expenses | $7,082 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Investment advisory and management fees | $7,082 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Administrative expenses excluding investment management | $0 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Held in common/collective trusts | $1,311,891 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Held in mutual funds | $37,631,736 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20241011210821NAL0012935795001, received 2024-10-11 |
| Independent auditor | RSM US LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20241011210821NAL0012935795001, received 2024-10-11 |
Position = column in the DOL layout for form year 2023. Filing 20241011210821NAL0012935795001, received 2024-10-11.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE NEWPORT TRUST COMPANY | NONE | 19 Custodial (securities); 21 Trustee (bank, trust company or similar); 28 Investment management; 63 Distribution (12b-1) fees | $7,082 | yes |
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 20241011210821NAL0012935795001, received 2024-10-11.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.