Plan Ledger DOL Form 5500 · updated monthly

Teamwork Human Resources, Inc.401(k)

TEAMWORK HUMAN RESOURCES, INC. MEP · REDDING, CA · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Teamwork Human Resources, Inc. reported $84,944 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $626 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 0.40% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,714th of 9,483), and 8,301st of 11,654 in professional & technical services. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has shrunk from 517 to 424 since 2022.

Plan summary
Net assets, end of year$9,073,419
Participants with balances132
Active participants424
Employer contributions$265,596
Employee contributions$675,786
Employer contribution per active participant$626
Average account balance$68,738
Benefits paid to participants$479,767
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 132 accts · $266K emplr
2023$8.0M · 144 accts · $287K emplr
2022$6.6M · 151 accts · $253K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,487
Investment management$37,457
Total administrative$84,944
The Teamwork Human Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$626
Median for plans this size$1,313
2024$626 per active participant
2023$669 per active participant
2022$490 per active participant

Teamwork Human Resources, Inc.'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
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$47,487
LPL FINANCIAL CORPORATION · Consulting · Investment advisory (plan)$37,457

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$84,944 · 1.00%
2023$76,267 · 1.04%
2022$28,793 · 0.40%
Similar plansProfessional & Technical Services · California
Agreeya Solutions, Inc. CA$9.2M · 0.90%
Big Health, Inc. CA$9.2M · 0.30%
R Systems, Inc. CA$9.1M · 0.34%
Smartrecruiters, Inc. CA$9.1M · 0.28%
Ixsystems, Inc. CA$9.0M · 0.64%
Observe, Inc. CA$9.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680482464 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.