Plan Ledger DOL Form 5500 · updated monthly

Birlasoft Solutions, Inc.401(k)

BIRLASOFT 401(K) RETIREMENT SAVINGS PLAN · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Birlasoft Solutions, Inc. reported $231,524 in plan administrative expenses for 2024: 0.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,437 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 rose from 0.22% to 0.44%. 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 535th-largest of 2,419 plans among New Jersey employers on file, and the 2,473rd of 11,654 in professional & technical services. In 2024, employees put in $5.19 for every $1.00 the employer contributed; active participation has shrunk from 926 to 774 since 2022.

Plan summary
Net assets, end of year$57,036,101
Participants with balances678
Active participants774
Employer contributions$1,112,538
Employee contributions$5,778,156
Employer contribution per active participant$1,437
Average account balance$84,124
Benefits paid to participants$6,395,752
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.0M · 678 accts · $1.1M emplr
2023$49.2M · 648 accts · $703K emplr
2022$43.1M · 648 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$138,413
Investment management$78,636
Audit (IQPA)$14,475
Total administrative$231,524
The Birlasoft Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$1,437
Median for plans this size$3,635
2024$1,437 per active participant
2023$944 per active participant
2022$1,416 per active participant

Birlasoft Solutions, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$138,413
LPL FINANCIAL · Investment advisory (plan)$78,636
PKF O'CONNOR DAVIES, LLP · Accounting / audit$14,475
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$231,524 · 0.44%
2023$171,879 · 0.37%
2022$101,819 · 0.22%
Similar plansProfessional & Technical Services · New Jersey
Evotec (US) Inc. NJ$59.1M · 0.14%
L&T Technology Services LTD NJ$56.6M · 0.31%
Wiss & Company, LLP NJ$55.2M · 0.21%
Peloton Advantage LLC NJ$54.2M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223604017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.