TPC Group LLC 401(k) Review & Grade
TPC Group Retirement Savings Plan
Houston, TXManufacturing518 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$11,791Employer $ per active participant
$14,714Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$164.9MNet plan assets, end of year
$243,898Average balance per account
Score breakdown
- Employer generosity49.2 / 5098th percentile for employer $ per participant
- Low cost21.4 / 2585th percentile for low admin cost vs. same-size plans
- Employee saving14.6 / 1597th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score82 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 85th |
| Employee saving | 97th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $44,255 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- TPC Group put in about $11,791 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $6,101,875 |
| Participant (employee) contributions | $7,614,491 |
| Other contributions (incl. rollovers in) | $648,322 |
| Administrative expenses paid from the plan | $84,753 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $73,294 |
| Benefits paid out | $9,443,566 |
| Net assets, start / end of year | $139.8M / $164.9M |
| Active participants, start / end of year | 498 / 537 |
| Participants with account balances | 676 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Doerenmayhewassurance |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $73,294 reported compensation |
| Fidelity Investments Institutional | $11,459 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006115610NAL0002037091001, received 2025-10-06, EIN 74-1778313, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.