Plan Ledger DOL Form 5500 · updated monthly

Syniverse Technologies (Formerly Tsi Telecommunications Srvcs, Inc.)401(k)

SYNIVERSE TECHNOLOGIES SAVINGS PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Syniverse Technologies (Formerly Tsi Telecommunications Srvcs, Inc.) reported $138,089 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $4,470 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 fell from 0.12% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 206th-largest of 3,644 plans among Florida employers on file, and the 208th of 2,199 in information & media. In 2024, employees put in $2.96 for every $1.00 the employer contributed; active participation has shrunk from 536 to 469 since 2022.

Plan summary
Net assets, end of year$176,178,721
Participants with balances878
Active participants469
Employer contributions$2,096,292
Employee contributions$6,208,320
Employer contribution per active participant$4,470
Average account balance$200,659
Benefits paid to participants$24,222,941
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$176.2M · 878 accts · $2.1M emplr
2023$167.7M · 922 accts · $2.1M emplr
2022$153.1M · 1,003 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,730
Investment management$22,500
Total administrative$138,089
The Syniverse Technologies (Formerly Tsi Telecommunications Srvcs, Inc.) 401(k) match · 2024
Employer contribution per active participant$4,470
Median for plans this size$3,635
2024$4,470 per active participant
2023$4,511 per active participant
2022$4,020 per active participant

Syniverse Technologies (Formerly Tsi Telecommunications Srvcs, Inc.)'s 2024 employer contribution ran above the $3,635 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 · 20244
UBS FINANCIAL SERVICES INC · Consulting$90,000
ASSURANCE DIMENSIONS · Accounting / audit$10,000
T. ROWE PRICE RETIREMENT PLAN SERV · Other services$9,859
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,890

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$138,089 · 0.08%
2023$167,809 · 0.10%
2022$212,534 · 0.12%
Same employer
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Connectwise, LLC. FL$123.0M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061262301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.