Plan Ledger DOL Form 5500 · updated monthly

Team Public Choices, LLC401(k)

TEAM PUBLIC CHOICES 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Team Public Choices, LLC reported $231,822 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5 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 0.96% to 0.76%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,277th-largest of 9,483 plans among California employers on file, and the 590th of 3,341 in other services. In 2024, employees put in $10.79 for every $1.00 the employer contributed; active participation has grown from 22,852 to 86,005 since 2022.

Plan summary
Net assets, end of year$36,960,082
Participants with balances2,450
Active participants86,005
Employer contributions$401,634
Employee contributions$4,332,504
Employer contribution per active participant$5
Average account balance$15,086
Benefits paid to participants$2,189,115
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.0M · 2,450 accts · $402K emplr
2023$24.0M · 1,500 accts · $427K emplr
2022$20.0M · 1,527 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$231,822
Total administrative$231,822
The Team Public Choices, LLC 401(k) match · 2024
Employer contribution per active participant$5
Median for plans this size$2,416
2024$5 per active participant
2023$15 per active participant
2022$14 per active participant

Team Public Choices, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$123,818
USI ADVISORS · Investment advisory (plan)$27,716

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Team Public Choices, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$231,822 · 0.76%
2023$78,533 · 0.36%
2022$201,078 · 0.96%
Similar plansOther Services · California
Backblaze, Inc. CA$39.3M · 0.01%
Semi CA$37.8M · 0.02%
Amerit Fleet Solutions CA$36.8M · 0.40%
Impact Tech Inc. CA$34.9M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 822887085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.