Plan Ledger DOL Form 5500 · updated monthly

Telesis, Inc.401(k)

TELESIS, INC. 401(K) PROFIT SHARING PLAN · LINCOLN, NE · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

Telesis, Inc. reported $31,275 in plan administrative expenses for 2022: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,235 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Nebraska (395th of 565), and 588th of 786 in management of companies. In 2022, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,515,335
Participants with balances83
Active participants185
Employer contributions$228,389
Employee contributions$374,769
Employer contribution per active participant$1,235
Average account balance$102,594
Benefits paid to participants$533,887
Plan auditUnmodified (clean) audit opinion
AuditorDANA F. COLE & COMPANY
Administrative expenses, itemized · 2022
Professional / advisory$31,275
Total administrative$31,275
The Telesis, Inc. 401(k) match · 2022
Employer contribution per active participant$1,235
Median for plans this size$1,114

Telesis, Inc.'s 2022 employer contribution ran above the $1,114 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$31,275 · 0.33%
Similar plansManagement of Companies · Nebraska
Applied Underwriters, Inc. NE$94.0M · 0.11%
Maspeth Welding Inc. NY$8.7M · 0.72%
Um Holdings, LTD NJ$8.5M · 0.12%
Clearbrook Holdings Corp TN$8.5M · 0.68%
Huwa Enterprises, LLC CO$8.4M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470752206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.