Plan Ledger DOL Form 5500 · updated monthly

Team Software, LLC401(k)

TEAM SOFTWARE, LLC 401(K) PLAN · OMAHA, NE · plan year 2022

Reported admin expense ratio · 2022
0.20%

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

Team Software, LLC reported $68,649 in plan administrative expenses for 2022: 0.20% of average plan assets, below the peer median. Employer contributions averaged $4,246 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 189th-largest of 565 plans among Nebraska employers on file, and the 4,087th of 11,654 in professional & technical services. In 2022, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,785,248
Participants with balances185
Active participants145
Employer contributions$615,681
Employee contributions$1,387,389
Employer contribution per active participant$4,246
Average account balance$166,407
Benefits paid to participants$2,643,201
Plan auditUnmodified (clean) audit opinion
AuditorEIDE BAILEY LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$30.8M · 185 accts · $616K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$43,654
Investment management$24,995
Total administrative$68,649
The Team Software, LLC 401(k) match · 2022
Employer contribution per active participant$4,246
Median for plans this size$2,266

Team Software, LLC's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$68,649 · 0.20%
Similar plansProfessional & Technical Services · Nebraska
Pen-Link, LTD. NE$41.2M · 0.42%
Clark & Enersen, Inc. NE$36.2M · 0.01%
Lamp Rynearson, Inc. NE$34.7M · 0.08%
Lamson Dugan & Murray LLP NE$30.9M · 0.37%
Alvine & Associates, Inc. NE$30.1M · 0.24%
Omaha Zoological Society NE$27.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262032483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.