Plan Ledger DOL Form 5500 · updated monthly

Telesolv Consulting, Inc.401(k)

TELESOLV CONSULTING 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
1.31%

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

Telesolv Consulting, Inc. reported $68,122 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,139 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 3 years on file its reported administrative ratio has held roughly steady near 1.31%. 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 District of Columbia (513th of 618), and 9,635th of 11,654 in professional & technical services. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has shrunk from 273 to 225 since 2022.

Plan summary
Net assets, end of year$5,432,161
Participants with balances236
Active participants225
Employer contributions$481,239
Employee contributions$641,725
Employer contribution per active participant$2,139
Average account balance$23,018
Benefits paid to participants$2,087,609
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN ROSENBERG & FREEDMAN
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 236 accts · $481K emplr
2023$4.9M · 273 accts · $588K emplr
2022$4.0M · 250 accts · $553K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,044
Investment management$14,078
Total administrative$68,122
The Telesolv Consulting, Inc. 401(k) match · 2024
Employer contribution per active participant$2,139
Median for plans this size$1,313
2024$2,139 per active participant
2023$2,798 per active participant
2022$2,024 per active participant

Telesolv Consulting, Inc.'s 2024 employer contribution ran above 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,044
LPL FINANCIAL LLC · Investment advisory (plan)$11,825

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

Administrative cost history3
2024$68,122 · 1.31%
2023$58,968 · 1.33%
2022$47,474 · 1.33%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
Patrona Corporation DC$6.2M · 0.42%
Quadrant Strategies LLC DC$6.1M · 0.50%
B. Frank Joy LLC DC$5.5M · 0.83%
Interfolio, Inc. DC$5.0M · 0.74%
Borger Management Inc DC$4.8M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421691116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.