Plan Ledger DOL Form 5500 · updated monthly

Team Staffing, LLC401(k)

401(K) RETIREMENT PLAN · ALEXANDRIA, LA · plan year 2024

Reported admin expense ratio · 2024
1.28%

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

Team Staffing, LLC reported $81,724 in plan administrative expenses for 2024: 1.28% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1.12% to 1.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (525th of 884), and 6,770th of 11,911 in health care & social assistance. active participation has grown from 2,954 to 7,305 since 2022.

Plan summary
Net assets, end of year$7,209,107
Participants with balances782
Active participants7,305
Employer contributions$0
Employee contributions$512,713
Employer contribution per active participant$0
Average account balance$9,219
Benefits paid to participants$229,805
Plan auditUnmodified (clean) audit opinion
AuditorOESTRIECHER & COMPANY, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 782 accts
2023$5.5M · 782 accts
2022$5.1M · 851 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,585
Investment management$3,110
Audit (IQPA)$14,000
Total administrative$81,724
The Team Staffing, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Team Staffing, LLC's 2024 employer contribution ran below the $1,313 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
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$64,585
WILSHIRE ASSOCIATES INC. · Named fiduciary$3,110

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$81,724 · 1.28%
2023$72,303 · 1.36%
2022$59,614 · 1.12%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana
The Therapy Center of Jdp LA$7.8M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843126637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.