Plan Ledger DOL Form 5500 · updated monthly

Tech Mahindra (Americas) Inc.401(k)

TECH MAHINDRA AMERICAS 401(K) PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.31%

Tech Mahindra (Americas) Inc. reported $408,267 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 507th-largest of 5,688 plans among Texas employers on file, and the 1,152nd of 11,654 in professional & technical services. active participation has grown from 6,848 to 7,872 since 2022.

Plan summary
Net assets, end of year$136,189,340
Participants with balances2,212
Active participants7,872
Employer contributions—
Employee contributions$18,281,827
Employer contribution per active participant—
Average account balance$61,568
Benefits paid to participants$22,571,097
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$136.2M · 2,212 accts
2023$123.3M · 2,204 accts
2022$79.7M · 1,857 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$258,910
Investment management$149,357
Total administrative$408,267
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$258,910
MORGAN STANLEY GLOBAL BA · Investment advisory (plan)$149,357

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$408,267 · 0.31%
2023$314,253 · 0.31%
2022$255,029 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Texas
Eviden TX$139.6M · 0.12%
Aker Solutions Inc. TX$137.5M · 0.11%
Luminex Corporation TX$137.4M · 0.17%
Barrios Technology TX$135.3M · 0.17%
Whitley Penn, LLP TX$134.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223282696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.