Plan Ledger DOL Form 5500 · updated monthly

Lynn Group, Inc. D/B/A Total Team Solutions401(k)

TOTAL TEAM SOLUTIONS 401(K) RETIREMENT PLAN · TRUMBULL, CT · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Lynn Group, Inc. D/B/A Total Team Solutions reported $26,030 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,767 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 0.05% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 331st-largest of 1,106 plans among Connecticut employers on file, and the 347th of 2,534 in administrative & support services. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 347 to 398 since 2022.

Plan summary
Net assets, end of year$42,373,138
Participants with balances418
Active participants398
Employer contributions$1,101,427
Employee contributions$2,505,407
Employer contribution per active participant$2,767
Average account balance$101,371
Benefits paid to participants$8,946,718
Plan auditUnmodified (clean) audit opinion
AuditorNANAVATY,DAVENPORT,STUDLEY&WHITELLP
Plan history3
Yearassets · accounts · employer contribution
2024$42.4M · 418 accts · $1.1M emplr
2023$41.2M · 384 accts · $823K emplr
2022$35.2M · 380 accts · $700K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,890
Investment management$8,100
Audit (IQPA)$11,500
Total administrative$26,030
The Lynn Group, Inc. D/B/A Total Team Solutions 401(k) match · 2024
Employer contribution per active participant$2,767
Median for plans this size$2,416
2024$2,767 per active participant
2023$2,188 per active participant
2022$2,018 per active participant

Lynn Group, Inc. D/B/A Total Team Solutions's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20243
ALERUS REVENUE · Recordkeeping · Custodial (securities)$151,702
NANAVATY,DAVENPORT,STUDLEY&WHITELLP · Accounting / audit$11,500
THE ANGELL PENSION GROUP, INC.$8,100

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$26,030 · 0.06%
2023$155,782 · 0.41%
2022$19,092 · 0.05%
Same employer
Similar plansAdministrative & Support Services · Connecticut
Data-Mail, Inc. CT$56.1M · 0.10%
Kbe Building Corporation CT$39.2M · 0.29%
Hudson Global, Inc. CT$36.1M · 0.28%
Daversa Partners, Inc. CT$32.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061633136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.