Plan Ledger DOL Form 5500 · updated monthly

Telecommunications & Industrial401(k)

TELECOMMUNICATIONS & INDUSTRIAL CONSULTING SERVICES CORPORATION · FORT MILL, SC · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Telecommunications & Industrial reported $3,065 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $875 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 fell from 0.05% to 0.04%. 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 South Carolina (472nd of 807), and 8,639th of 11,654 in professional & technical services. In 2024, employees put in $3.15 for every $1.00 the employer contributed; active participation has grown from 187 to 239 since 2022.

Plan summary
Net assets, end of year$8,139,489
Participants with balances133
Active participants239
Employer contributions$209,195
Employee contributions$658,638
Employer contribution per active participant$875
Average account balance$61,199
Benefits paid to participants$329,788
Plan auditUnmodified (clean) audit opinion
AuditorBRIAN S PRICE
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 133 accts · $209K emplr
2023$6.6M · 126 accts · $172K emplr
2022$5.4M · 116 accts · $153K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,065
Total administrative$3,065
The Telecommunications & Industrial 401(k) match · 2024
Employer contribution per active participant$875
Median for plans this size$1,313
2024$875 per active participant
2023$799 per active participant
2022$818 per active participant

Telecommunications & Industrial's 2024 employer contribution ran below the $1,313 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
ADP, INC. · Loan processing · Recordkeeping$3,065
ADP BROKER-DEALER · Other servicesindirect comp
AMERIPRISE FINANCIAL SERVICES, INC · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$3,065 · 0.04%
2023$1,145 · 0.02%
2022$2,825 · 0.05%
Similar plansProfessional & Technical Services · South Carolina
Systemtec, Inc. SC$8.7M · 0.86%
Ambiopharm, Inc. SC$8.2M · 1.14%
Msi-Viking Gage, LLC SC$6.0M · 0.55%
Allsource Enterprises LLC SC$5.9M · 0.79%
Quant Systems, Inc SC$5.5M · 0.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561301636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.