Plan Ledger DOL Form 5500 · updated monthly

Tcs Education System403(b)

TCS 403(B) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Tcs Education System reported $206,692 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $5,054 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 0.16% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 466th-largest of 3,702 plans among Illinois employers on file, and the 427th of 3,091 in educational services. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$128,856,027
Participants with balances1,944
Active participants1,267
Employer contributions$6,402,909
Employee contributions$6,319,864
Employer contribution per active participant$5,054
Average account balance$66,284
Benefits paid to participants$8,842,821
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$128.9M · 1,944 accts · $6.4M emplr
2023$108.9M · 1,864 accts · $6.0M emplr
2022$85.7M · 1,742 accts · $5.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$206,692
Total administrative$206,692
Employer contributions to the Tcs Education System plan · 2024
Employer contribution per active participant$5,054
Median for plans this size$3,635
2024$5,054 per active participant
2023$6,089 per active participant
2022$4,492 per active participant

Tcs Education System'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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$206,692
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$206,692 · 0.17%
2023$161,503 · 0.17%
2022$147,221 · 0.16%
Same employer
Similar plansEducational Services · Illinois
Dominican University IL$141.1M · 0.05%
Illinois Wesleyan University IL$135.4M · 0.05%
Elmhurst University IL$135.3M · 0.14%
Augustana College IL$129.7M · 0.13%
Roosevelt University IL$121.5M · 0.13%
Knox College IL$118.6M · 0.10%
Aurora University IL$117.9M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270717860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.