Plan Ledger DOL Form 5500 · updated monthly

Telamon Corporation403(b)

TELAMON CORPORATION TAX SHELTERED RETIREMENT PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Telamon Corporation reported $159,324 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,000 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 1 year on file its reported administrative ratio rose from 0.58% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 601st-largest of 2,005 plans among North Carolina employers on file, and the 2,952nd of 11,911 in health care & social assistance. In 2024, the employer put in $4.87 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$27,489,637
Participants with balances1,162
Active participants563
Employer contributions$3,378,185
Employee contributions$693,335
Employer contribution per active participant$6,000
Average account balance$23,657
Benefits paid to participants$4,477,436
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history2
Yearassets · accounts · employer contribution
2024$27.5M · 1,162 accts · $3.4M emplr
2023$24.7M · 1,111 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$159,324
Total administrative$159,324
The Telamon Corporation 401(k) match · 2024
Employer contribution per active participant$6,000
Median for plans this size$2,416
2024$6,000 per active participant
2023$3,965 per active participant

Telamon Corporation's 2024 employer contribution ran above the $2,416 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 · 20242
CETERA ADVISORS LLCindirect comp

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

Administrative cost history2
2024$159,324 · 0.61%
2023$133,450 · 0.58%
All plans at this employer2
TELAMON CORPORATION TAX SHELTERED RETIREMENT PLAN403(b)
TELAMON CORPORATION TAX SHELTERED RETIREMENT PLAN403(b)
Same employer
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Everyage NC$29.0M · 0.74%
Morganton Eye Physicians PA NC$28.6M · 0.24%
Murphy Medical Center, Inc. NC$24.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561022483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.