Plan Ledger DOL Form 5500 · updated monthly

Telesoft, LLC dba Mdsl401(k)

CALERO-MDSL 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Telesoft, LLC dba Mdsl reported $125,923 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,262 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 0.27% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 205th-largest of 1,285 plans among Arizona employers on file, and the 2,916th of 11,654 in professional & technical services. In 2024, employees put in $2.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,632,128
Participants with balances717
Active participants532
Employer contributions$1,203,648
Employee contributions$3,213,268
Employer contribution per active participant$2,262
Average account balance$65,038
Benefits paid to participants$4,645,468
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$46.6M · 717 accts · $1.2M emplr
2023$41.1M · 740 accts · $1.1M emplr
2022$33.9M · 730 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,130
Investment management$45,793
Total administrative$125,923
The Telesoft, LLC dba Mdsl 401(k) match · 2024
Employer contribution per active participant$2,262
Median for plans this size$2,416
2024$2,262 per active participant
2023$1,999 per active participant
2022$2,040 per active participant

Telesoft, LLC dba Mdsl's 2024 employer contribution ran below the $2,416 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 · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$83,423
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$42,500

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$125,923 · 0.29%
2023$114,163 · 0.30%
2022$98,118 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Arizona
Ineight Inc. AZ$53.0M · 0.11%
Beachfleischman PLLC AZ$51.6M · 0.33%
Exos AZ$49.5M · 0.47%
Phoenix Logistics, LLC AZ$42.5M · 0.20%
Lowell Observatory AZ$40.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813171767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.