Plan Ledger DOL Form 5500 · updated monthly

Televerde, LLC.401(k)

TELEVERDE 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Televerde, LLC. reported $55,860 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,581 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 0.74% to 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Arizona (743rd of 1,285), and 1,268th of 2,534 in administrative & support services. In 2024, employees put in $3.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,579,105
Participants with balances206
Active participants148
Employer contributions$233,964
Employee contributions$750,192
Employer contribution per active participant$1,581
Average account balance$31,937
Benefits paid to participants$1,287,070
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 206 accts · $234K emplr
2023$6.2M · 209 accts · $250K emplr
2022$5.0M · 207 accts · $192K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,860
Total administrative$55,860
The Televerde, LLC. 401(k) match · 2024
Employer contribution per active participant$1,581
Median for plans this size$1,313
2024$1,581 per active participant
2023$1,438 per active participant
2022$1,241 per active participant

Televerde, LLC.'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$37,860
SAGEVIEW ADVISORY GROUP, LLC · Consulting$18,000

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$55,860 · 0.88%
2023$40,108 · 0.72%
2022$39,044 · 0.74%
Same employer
Similar plansAdministrative & Support Services · Arizona
NME3, LLC AZ$7.0M · 0.46%
Miracorp Inc. AZ$6.1M · 1.33%
Intouchcx US, Inc. AZ$5.8M · 1.03%
Zoe Holding Company, Inc. AZ$4.7M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274119747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.