Plan Ledger DOL Form 5500 · updated monthly

Telephone and Data Systems, Inc.401(k)

TELEPHONE AND DATA SYSTEMS, INC. TAX-DEFERRED SAVINGS PLAN · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Telephone and Data Systems, Inc. reported $1,950,621 in plan administrative expenses for 2024: 0.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,302 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 0.10% to 0.11%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 23rd-largest of 1,936 plans among Wisconsin employers on file, and the 34th of 2,199 in information & media. In 2024, employees put in $2.67 for every $1.00 the employer contributed; active participation has shrunk from 9,408 to 8,123 since 2022.

Plan summary
Net assets, end of year$1,779,890,281
Participants with balances14,210
Active participants8,123
Employer contributions$26,820,331
Employee contributions$71,515,643
Employer contribution per active participant$3,302
Average account balance$125,256
Benefits paid to participants$191,234,696
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA,P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$1.8B · 14,210 accts · $26.8M emplr
2023$1.6B · 14,942 accts · $28.6M emplr
2022$1.4B · 14,800 accts · $27.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,888
Investment management$42,073
Trustee / custodial$141,177
Total administrative$1,950,621
The Telephone and Data Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$3,302
Median for plans this size$5,259
2024$3,302 per active participant
2023$3,214 per active participant
2022$2,963 per active participant

Telephone and Data Systems, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20244
AON CONSULTING · Recordkeeping · Investment management$1,725,682
NORTHERN TRUST COMPANY · Trustee · Trustee (directed)$141,177
BLACKROCK INSTITUTIONAL TRUST CO. · Trustee · Trustee (discretionary)$42,073
AON INVESTMENTS · Pension consulting$21,888

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

Recordkeeper by year2
2024AON CONSULTING
2023AON CONSULTING

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

Administrative cost history3
2024$1,950,621 · 0.11%
2023$1,602,173 · 0.11%
2022$1,510,530 · 0.10%
All plans at this employer2
TELEPHONE AND DATA SYSTEMS, INC. TAX-DEFERRED SAVINGS PLAN401(k)
TELEPHONE AND DATA SYSTEMS, INC. PENSION PLANMoney purchase plan
Same employer
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Csc Holdings, LLC NY$1.9B · 0.13%
Dish Network Corporation CO$1.6B · 0.08%
Gannett Media Corp. NY$1.6B · 0.06%
Iac Inc. NY$1.6B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362669023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.