Plan Ledger DOL Form 5500 · updated monthly

Technology Service Professionals, Inc.401(k)

TSP, INC. 401(K) PLAN · RICHARDSON, TX · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Technology Service Professionals, Inc. reported $39,106 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $844 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 0.16% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,817th-largest of 5,688 plans among Texas employers on file, and the 4,986th of 11,654 in professional & technical services. In 2024, employees put in $6.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,461,610
Participants with balances525
Active participants329
Employer contributions$277,565
Employee contributions$1,742,313
Employer contribution per active participant$844
Average account balance$44,689
Benefits paid to participants$4,232,046
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 525 accts · $278K emplr
2023$23.1M · 542 accts · $1.9M emplr
2022$20.9M · 567 accts · $293K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,106
Total administrative$39,106
The Technology Service Professionals, Inc. 401(k) match · 2024
Employer contribution per active participant$844
Median for plans this size$2,416
2024$844 per active participant
2023$6,117 per active participant
2022$848 per active participant

Technology Service Professionals, Inc.'s 2024 employer contribution ran below the $2,416 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$33,988
RAYMOND JAMES AND ASSOCIATES · Investment advisory (plan)$18,750

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$39,106 · 0.17%
2023$39,803 · 0.18%
2022$35,450 · 0.16%
Same employer
Similar plansProfessional & Technical Services · Texas
Good Fulton & Farrell, Inc. TX$24.0M · 0.44%
Neuman & Esser USA, Inc. TX$23.6M · 0.02%
Cenergistic, LLC TX$23.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161641884 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.