Plan Ledger DOL Form 5500 · updated monthly

Team Ten, LLC401(k)

TEAM TEN, LLC 401(K) PLAN · TYRONE, PA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Team Ten, LLC reported $30,123 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $974 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 0.50% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,663rd of 3,651), and 10,311th of 13,661 in manufacturing. In 2024, employees put in $2.81 for every $1.00 the employer contributed; active participation has grown from 177 to 205 since 2022.

Plan summary
Net assets, end of year$6,733,747
Participants with balances208
Active participants205
Employer contributions$199,707
Employee contributions$561,774
Employer contribution per active participant$974
Average account balance$32,374
Benefits paid to participants$969,636
Plan auditUnmodified (clean) audit opinion
AuditorYOUNG, OAKES, BROWN & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 208 accts · $200K emplr
2023$6.2M · 190 accts · $169K emplr
2022$5.0M · 188 accts · $69K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,123
Total administrative$30,123
The Team Ten, LLC 401(k) match · 2024
Employer contribution per active participant$974
Median for plans this size$1,313
2024$974 per active participant
2023$947 per active participant
2022$390 per active participant

Team Ten, LLC's 2024 employer contribution ran below 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
RETIREMENT PLAN SOLUTIONS · Contract administrator$6,620
MORGAN STANLEY INS SERVICESindirect comp

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

Administrative cost history3
2024$30,123 · 0.47%
2023$22,755 · 0.41%
2022$27,406 · 0.50%
Same employer
Similar plansManufacturing · Pennsylvania
Neville Chemical Company PA$7.0M · 0.48%
Pap Technologies, Inc. PA$6.9M · 0.49%
Kreider Dairy Farms, Inc. PA$6.8M · 0.80%
Ventana USA PA$6.7M · 0.58%
Total Rental Inc. PA$6.7M · 0.70%
Premier Outdoor Living PA$6.5M · 0.71%
Shanks Extracts, LLC PA$6.5M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431973467 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.