Plan Ledger DOL Form 5500 · updated monthly

Teletracking Technologies, Inc.401(k)

TELETRACKING TECHNOLOGIES, INC. 401(K) PLAN · PITTSBURGH, PA · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Teletracking Technologies, Inc. reported $100,623 in plan administrative expenses for 2023: 0.17% of average plan assets, above the peer median. Employer contributions averaged $6,165 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 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 674th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,293rd of 11,654 in professional & technical services. In 2023, employees put in $2.35 for every $1.00 the employer contributed; active participation has shrunk from 306 to 243 since 2022.

Plan summary
Net assets, end of year$61,989,856
Participants with balances458
Active participants243
Employer contributions$1,498,006
Employee contributions$3,517,609
Employer contribution per active participant$6,165
Average account balance$135,349
Benefits paid to participants$8,909,363
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.8M · 403 accts · $1.2M emplr
2023$62.0M · 458 accts · $1.5M emplr
2022$56.2M · 519 accts · $1.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$43,357
Investment management$40,000
Trustee / custodial$17,266
Total administrative$100,623
The Teletracking Technologies, Inc. 401(k) match · 2023
Employer contribution per active participant$6,165
Median for plans this size$3,659
2024$5,625 per active participant
2023$6,165 per active participant
2022$6,126 per active participant

Teletracking Technologies, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$43,357
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$40,000
NEWPORT TRUST COMPANY · Trustee$17,266

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$107,095 · 0.17%
2023$100,623 · 0.17%
2022$109,915 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Navisite, LLC PA$62.8M · 0.28%
Veranova, L.P. PA$62.4M · 0.08%
Net Health Systems, Inc. PA$62.2M · 0.18%
Sagent Lending Technologies PA$61.5M · 0.12%
Hka Global, Inc. PA$60.1M · 0.03%
Margolis Edelstein PA$60.0M · 0.18%
Kreischer Miller PA$59.2M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 251828750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.