Plan Ledger DOL Form 5500 · updated monthly

Techserv Consulting & Training, LTD.401(k)

TECHSERV CONSULTING & TRAINING, LTD. 401(K) PLAN · TYLER, TX · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Techserv Consulting & Training, LTD. reported $83,076 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,094 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 0.72% to 0.81%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Texas (2,879th of 5,688), and 309th of 412 in utilities. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 325 to 440 since 2022.

Plan summary
Net assets, end of year$11,398,440
Participants with balances271
Active participants440
Employer contributions$921,142
Employee contributions$1,568,093
Employer contribution per active participant$2,094
Average account balance$42,061
Benefits paid to participants$1,500,699
Plan auditUnmodified (clean) audit opinion
AuditorHENRY & PETERS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 271 accts · $921K emplr
2023$9.0M · 270 accts · $907K emplr
2022$8.0M · 249 accts · $801K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,027
Investment management$29,217
Total administrative$83,076
The Techserv Consulting & Training, LTD. 401(k) match · 2024
Employer contribution per active participant$2,094
Median for plans this size$2,416
2024$2,094 per active participant
2023$2,369 per active participant
2022$2,463 per active participant

Techserv Consulting & Training, LTD.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20243
JOHN HANCOCK LIFE INSURANCE CO USA · Recordkeeping · Investment management$4,432
MERRILL LYNCH · Investment advisory (participants)$29,217
PENSION PLANNING CONSULTANTS, INC. · Claims processing · Consulting$14,027

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$83,076 · 0.81%
2023$69,659 · 0.82%
2022$62,237 · 0.72%
Same employer
Similar plansUtilities · Texas
Axip Services Company, LLC TX$13.3M · 0.25%
Enerfin Resources Company TX$11.9M · 0.52%
Quality Water & Air Inc. TX$10.3M · 0.13%
USA Water, LLC TX$10.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752943541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.