Plan Ledger DOL Form 5500 · updated monthly

Career Horizons, Inc. dba Teleservices Direct401(k)

TELESERVICES DIRECT 401(K) PLAN · CARMEL, IN · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Career Horizons, Inc. dba Teleservices Direct reported $19,995 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,980 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Indiana (1,256th of 1,562), and 1,597th of 2,534 in administrative & support services. In 2022, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,898,450
Participants with balances94
Active participants51
Employer contributions$100,955
Employee contributions$224,497
Employer contribution per active participant$1,980
Average account balance$41,473
Benefits paid to participants$310,352
Plan auditUnmodified (clean) audit opinion
AuditorMCM CPAS & ADVISORS LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$19,995
Total administrative$19,995
The Career Horizons, Inc. dba Teleservices Direct 401(k) match · 2022
Employer contribution per active participant$1,980
Median for plans this size$1,114

Career Horizons, Inc. dba Teleservices Direct's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$19,995 · 0.47%
Similar plansAdministrative & Support Services · Indiana
Springbuk, Inc. IN$5.4M · 1.26%
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Gsf USA, Inc. IN$5.2M · 0.80%
Plastic Recycling, Inc. IN$4.2M · 0.04%
Ciproms, Inc. IN$3.5M · 1.27%
Nxtthing Rpo, LLC IN$2.9M · 0.71%
Entech, Inc. IN$2.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351783904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.