Teamwork Services, Inc.401(k)
TEAMWORK SERVICES 401(K) & PROFIT SHARING PLAN · BRUNSWICK, GA · plan year 2022
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Teamwork Services, Inc. reported $143,670 in plan administrative expenses for 2022: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,610 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 0.24% to 0.41%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other administrative & support services employers. By assets it is the 409th-largest of 2,160 plans among Georgia employers on file, and the 271st of 2,534 in administrative & support services. In 2022, employees put in $1.49 for every $1.00 the employer contributed.
Teamwork Services, Inc.'s 2022 employer contribution ran below the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 581863048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.