Plan Ledger DOL Form 5500 · updated monthly

Tata Communications (America) Inc.401(k)

TATA COMMUNICATIONS 401(K) PLAN · MATAWAN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Tata Communications (America) Inc. reported $164,691 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $5,933 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 0.06% to 0.11%. 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 253rd-largest of 2,419 plans among New Jersey employers on file, and the 221st of 2,199 in information & media. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 321 to 535 since 2022.

Plan summary
Net assets, end of year$169,514,259
Participants with balances791
Active participants535
Employer contributions$3,174,291
Employee contributions$6,126,592
Employer contribution per active participant$5,933
Average account balance$214,304
Benefits paid to participants$15,651,705
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$169.5M · 791 accts · $3.2M emplr
2023$127.0M · 566 accts · $2.3M emplr
2022$107.8M · 567 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,883
Investment management$115,808
Total administrative$164,691
The Tata Communications (America) Inc. 401(k) match · 2024
Employer contribution per active participant$5,933
Median for plans this size$3,635
2024$5,933 per active participant
2023$7,259 per active participant
2022$6,372 per active participant

Tata Communications (America) 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 · 20243
CAPTRUST · Investment advisory (plan)$78,899
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,083
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$36,909

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$164,691 · 0.11%
2023$144,000 · 0.12%
2022$68,771 · 0.06%
Same employer
Similar plansInformation & Media · New Jersey
Vonage Holdings Corp NJ$289.3M · 0.07%
Ses Americom Inc. NJ$250.4M · 0.04%
A. M. Best Company NJ$187.2M · 0.02%
Idt Corporation NJ$182.3M · 0.29%
Forbes Media LLC NJ$157.0M · 0.07%
Enghouse Interactive NJ$102.7M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020655544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.