Plan Ledger DOL Form 5500 · updated monthly

Tata Elxsi LTD401(k)

TATA ELXSI 401(K) PLAN · SANTA CLARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Tata Elxsi LTD reported $17,951 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $2,156 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 5 years on file its reported administrative ratio fell from 0.94% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (7,106th of 9,483), and 9,919th of 11,654 in professional & technical services. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 114 to 275 since 2019.

Plan summary
Net assets, end of year$4,689,846
Participants with balances238
Active participants275
Employer contributions$592,951
Employee contributions$1,194,597
Employer contribution per active participant$2,156
Average account balance$19,705
Benefits paid to participants$478,974
Plan auditUnmodified (clean) audit opinion
Plan history6
Yearassets · accounts · employer contribution
2024$4.7M · 238 accts · $593K emplr
2023$2.9M · 185 accts · $455K emplr
2022$1.4M · 129 accts · $347K emplr
2021$513K · 18 accts
2020$298K · 12 accts
2019$244K · 9 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,604
Investment management$15,347
Total administrative$17,951
The Tata Elxsi LTD 401(k) match · 2024
Employer contribution per active participant$2,156
Median for plans this size$1,313
2024$2,156 per active participant
2023$1,792 per active participant
2022$1,477 per active participant

Tata Elxsi LTD's 2024 employer contribution ran above the $1,313 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
LPL FINANCIAL · Recordkeeping · Trustee$15,282
ADP, INC. · Loan processing · Recordkeeping$2,668
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, LPL Financial
2023ADP, LPL Financial

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history6
2024$17,951 · 0.47%
2023$8,035 · 0.37%
2022$3,471 · 0.36%
2021$1,930 · 0.48%
2020$1,498 · 0.55%
2019$1,883 · 0.94%
Same employer
Similar plansProfessional & Technical Services · California
Directive Consulting CA$4.7M · 0.48%
Healthypets Inc. CA$4.7M · 0.82%
Advertise Purple, Inc. CA$4.7M · 1.00%
Curri Inc. CA$4.7M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522103083 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.