Plan Ledger DOL Form 5500 · updated monthly

Telco Systems Inc.401(k)

TELCO SYSTEMS, INC. SAVINGS PLAN · MANSFIELD, MA · plan year 2022

Reported admin expense ratio · 2022
0.22%

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

Telco Systems Inc. reported $25,046 in plan administrative expenses for 2022: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,701 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,939th of 2,726), and 9,011th of 13,661 in manufacturing. In 2022, employees put in $6.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,514,197
Participants with balances81
Active participants20
Employer contributions$34,027
Employee contributions$232,124
Employer contribution per active participant$1,701
Average account balance$117,459
Benefits paid to participants$1,517,325
Plan auditUnmodified (clean) audit opinion
AuditorQRGA, LLP
The Telco Systems Inc. 401(k) match · 2022
Employer contribution per active participant$1,701
Median for plans this size$2,266

Telco Systems Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$25,046 · 0.22%
Similar plansManufacturing · Massachusetts
Flagship Press, Inc. MA$9.7M · 0.27%
Sense Labs, Inc MA$9.7M · 0.28%
Seurat Technologies Inc. MA$9.6M · 0.29%
Barbour Corporation MA$9.3M · 0.52%
Century Box, Inc MA$9.2M · 0.25%
Alert Innovation Inc. MA$9.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582425520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.