Plan Ledger DOL Form 5500 · updated monthly

Tata America International Corporation401(k)

TCS 401(K) PLAN · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Tata America International Corporation reported $2,121,039 in plan administrative expenses for 2024: 0.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,206 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 0.10%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 27th-largest of 2,419 plans among New Jersey employers on file, and the 68th of 11,654 in professional & technical services. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,358,627,661
Participants with balances34,300
Active participants48,941
Employer contributions$107,956,871
Employee contributions$248,488,837
Employer contribution per active participant$2,206
Average account balance$68,765
Benefits paid to participants$259,567,098
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.4B · 34,300 accts · $108.0M emplr
2023$1.9B · 33,256 accts · $104.5M emplr
2022$1.4B · 31,636 accts · $92.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,711,842
Investment management$389,997
Total administrative$2,121,039
The Tata America International Corporation 401(k) match · 2024
Employer contribution per active participant$2,206
Median for plans this size$5,259
2024$2,206 per active participant
2023$2,055 per active participant
2022$1,763 per active participant

Tata America International Corporation's 2024 employer contribution ran below the $5,259 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,711,842
LPL FINANCIAL · Investment advisory (plan)$389,997
THE WAGNER LAW GROUP · Legal$19,200

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$2,121,039 · 0.10%
2023$1,918,212 · 0.11%
2022$1,745,065 · 0.12%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Ernst & Young U.S. LLP NJ$18.3B · 0.03%
KPMG LLP NJ$10.5B · 0.02%
Shi International Corp NJ$850.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132805758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.