Plan Ledger DOL Form 5500 · updated monthly

Technology Solutions Provider, Inc.401(k)

TECHNOLOGY SOLUTIONS PROVIDER, INC. 401(K) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Technology Solutions Provider, Inc. reported $19,190 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,452 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 0.09% to 0.20%. 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 Virginia (1,397th of 2,266), and 7,691st of 11,654 in professional & technical services. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 140 to 231 since 2022.

Plan summary
Net assets, end of year$11,001,205
Participants with balances248
Active participants231
Employer contributions$797,526
Employee contributions$1,653,110
Employer contribution per active participant$3,452
Average account balance$44,360
Benefits paid to participants$821,177
Plan auditUnmodified (clean) audit opinion
AuditorYULISHANA, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 248 accts · $798K emplr
2023$7.8M · 181 accts · $507K emplr
2022$5.9M · 126 accts · $517K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,965
Investment management$1,225
Total administrative$19,190
The Technology Solutions Provider, Inc. 401(k) match · 2024
Employer contribution per active participant$3,452
Median for plans this size$1,313
2024$3,452 per active participant
2023$3,572 per active participant
2022$3,692 per active participant

Technology Solutions Provider, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,965

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$19,190 · 0.20%
2023$11,351 · 0.17%
2022$5,224 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Virginia
Zolon Tech, Inc VA$11.0M · 0.98%
Golden Key Group, Inc. VA$10.9M · 0.46%
St. Michael's, Inc. VA$10.8M · 0.48%
Pal-Tech, Inc. VA$10.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542033894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.